Mobile
listed by broker
Gaming and Esports
Full
Desired valuation:
Open to offers
Description
Bountie is an esports and entertainment platform for casual gamers to earn a living from gaming. They purchase in-app tokens to participate in esports or casual game tournaments in order to win attractive prizes.
MAU: 20,000
Last 3 month's Tournament Registrants:
Jan 2023 - 1,762
Feb 2023 -1,885
March 2023 -15,839
Last 3 month's revenue from in App Purchase:
Jan 2023 - USD420
Feb 2023 - USD280
March 2023 - USD2611
Featured metrics
MAU: 20,000
Last 3 month's Tournament Registrants:
Jan 2023 - 1,762
Feb 2023 -1,885
March 2023 -15,839
Last 3 month's revenue from in App Purchase:
Jan 2023 - USD420
Feb 2023 - USD280
March 2023 - USD2611
Selling details
Type of shares
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Reason for selling
We are running out of cash, and we need an acquisition to be part of a larger organisation.
Preferred acquirer
A larger organisation with more funds and network.
Aspirations & growth opportunities
Bountie is currently focused in Indonesia. There is potential to expand into other SEA regions such as Vietnam, Thailand, Philippines, etc. This would allow the platform to reach a wider audience and tap into new markets.
Business details
Business model
In-App Purchase and Services
Customers
2208 (Casual Gamers between the ages of 16 to 34 years old)
Competition
Mobile Premier League, Skillz, Battlefy
Operational details
Technology stack
Marketing spend
USD90,000 on paid advertising and USD100,000 on Chief BD officer (Digital ads (Google Ads, Programmatic Ads, Facebook & Instagram Ads) for players. Social media (directly approaching organizers, targeted promotion with related media on Instagram) for tournament organizers)
Performance tracking tools
Financial details
Ownership structure
58% common shares and 32% preferential shares
Last month's revenue
Last month's profit
Financial records
Annual P&L summary reports, Online reporting software/tools