Correction

You will profit too

Fortunately, it does not take the vast amounts of money it once did to develop a product like illumiSites. That statement can be applied to the costs of technology and the number of people needed to make it.

But we still need your help to realize this vision and seize on the opportunity.

Product Pricing

Sales ramps change depending on the number of sales staff

2018-2019

illumiQuote

$899

per month per dealership

illumiDeal

$1299

per month per dealership

2019-2020

illumiSites

$1899

per month per dealership

vRM

$2299

per month per dealership

THEM

$2000 to $6000

per month per dealership for websites & CRM

2019 Scenarios

Selling 10 per month year end is 120 dealerships paying $699 to $999 per month.  Revenues vary from $500,000 to $800,000.

2020 Scenarios

Selling 10 per month, and carrying the 2019 clients without upselling, revenues vary from $2,000,000 to $2,700,000.

Tech companies traditionally have been high-margin investments with acquisitions netting share holders significant returns.

Automotive technology companies, with lower profits, have sold for a multitude of three times their revenues.

 

Factors of 5 and 10 times have been seen when the profit level is high.

Example Valuation

by  

Based on projections set for October 1st, 2018.  Final investment materials will be provided to pledged investors.

FRIKINtech share distribution

I'm in!

Funding packages will go out October 1st, 2018

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