Project Splash provides water utilities with a free (to the user) customer
engagement and conservation diagnostics platform, with guided ordering and
purchasing of directly-relevant hardware solutions.
This multi-lingual platform acts as a customer acquisition funnel, gathering
behavioural data about how individual households and businesses use water in their home, via a survey.
The business has also developed a sustainability-themed marketplace, that sits alongside the platform, which allows for the same needs identified through the survey to be satisfied through a selection of products. This will facilitate growth overseas through recurring advertising revenue.
Having built up a highly reputable business that has successfully engaged with millions of households, the company is now being offered for sale to facilitate software growth overseas under the impetus of new ownership.
Offers invited.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2021 (Actual) | 3,632 | 52 |
| 2022 (Actual) | 3,727 | 211 |
| 2023 (Actual) | 7,364 | 631 |
| 2024 (Forecast) | 6,307 | 261 |
| 2025 (Forecast) | 11,008 | 2,370 |
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