loc8er mobile investor presentation
TRANSCRIPT
‣Stay connected with your kids using Loc8er:Mobile
INTRODUCTION
The ultimate secure mobile phone wristwatch for kids aged 5+, with GPS – and it’s all controlled by your smart phone.
HOW IT WORKS
‣Download App & connect to your child’s device
‣Manage pre-set call list‣Set call time limits
‣Set parameters around local areas
‣Monitor walk home from school in real time
‣Set alerts in cases of emergency
‣Activate and deactivate alerts to suit
‣Strap security‣Optional 24 hour
response centre
WHERE WE ARE NOW
Loc8er:Mobile will launch in 2015‣We will build up to over 40,000 users over the next 2 years
At the moment we're looking for equity funding of £275k:‣Helping us to modernise the design and technology, and transfer to manufacturing and market launch
‣Investment in 2 tranches with co-investment
DRIVERS
ChildrenParents
64% of parents think the world is a more dangerous place now than when they were growing up**based on information from our extensive MORI research
‣5 - 9 years old‣Pushing for more
independence‣Want more
freedom their parents
‣More worry over child safety
‣Tendency to be over protective
‣Want to stay in contact while they are apart
‣Press coverage of missing children perpetuates fear
COMPETITION
‣ Easily lost or stolen‣ Unwanted
communication‣ Uncontrolled Expense‣ No emergency location
‣ No voice communication‣ No benefit to the child
‣ No voice communication‣ Only works in close
proximity‣ No benefit to the child
MOBILE PHONES GPS TRACKERS RADIO MONITORS
MARKET RESEARCH
£149.99 + £9.99/month
£99.99 + £9.99/month
Free + £9.99/month 18 month contract
‣20% likely or very likely to buy for £99 + £9.99/month
POTENTIAL‣There is a large UK market opportunity
‣At £99.99 there are a 500,000 people likely or very likely to buy‣100,000+ new potential buyers each year
‣Crucial insights on selling the product‣£149 vs. £99 doesn’t make a big difference. ‣£Free doubles the market to 1m+
‣Unit Sales Projections
Year Direct Retail & Network
Total
Year 2 628 8,550 9,178
Year 3 2,028 29,100 31,128
Year 4 3,468 50,700 54,168
GO TO MARKET PLAN
Year 1: Prepare •Build on Relationships•Customer Trials•Pilot Schemes MNO•Build Awareness
Year 2: Execute •Product Launch•Direct Web Sales•Pilot Schemes Retail•Sign Deals Year 3•Global Markets
Year 3: Grow •Premium Launch•Retail Sales Ramp Up• International partnerships•Second Generation Product
FINANCIAL PROJECTIONS
Year 1 Year 2 Year 3 Year 4
£‘000 £‘000 £‘000 £‘000
Revenues
Device Sales
- 700 1,814 2,356
Service Sales
- 400 2,907 7,707
Total Sales
- 1,100 4,722 10,064
Gross Profit
- 454 2,186 4,357
Gross Margins
0% 41% 46% 43%
Operating Profits
(223) 2 1,551 3,619
R&D Spend (Capitalised)
237 15 10 -
Year End Cash Position
61 206 2,030 5,938
EXIT OPPORTUNITIES
‣We plan to build a profitable, cash generative business‣Dividend payments‣Attractive to a financial buyer
‣Network Operators‣Building strategic relationships from the start
‣“Virtual” model is an excellent fit with network operators
‣Other Potential Interest‣Mobile handset manufacturers‣Childcare or Toy brands‣Security or Care companies
THE TEAM
Victoria O’Donoghue (Founder, CEO)‣ 15 years experience working in sales and marketing
Dean Corrigan (Founder, Inventor)‣ Founder and Inventor of Loc8er
Arthur Woode (Sales & Partnerships)‣ Over 20 years experience in mobile telecommunications
Robert Duncan (Guidance)‣ Over 30 years experience in telecommunications
Victoria O’Donoghue (Founder, CEO)‣ 15 years experience working in sales and marketing
FUNDING LOC8ER:MOBILE
‣So Far‣We have raised £600k through investors and also investment from founders ‣Granted patents in the UK, China and Hong Kong ‣Proof-of-concept prototypes‣High Growth Start-up Unit support‣Retailers and MNOs waiting to trial
‣Plan‣Form a new company with a new brand‣Refine product & service‣Recruit CEO & CFO
‣Launch 2015
SUMMARY
‣Loc8er increases child safety and gives parents peace of mind. ‣We have the hardest working team in marketing, sales and industry expertise who WILL NOT STOP until Loc8er:Mobile is on the market
● Currently looking for equity investment of £275k to help support the business over the first 2 years of trading
● Modernise product and technology● Redefine service● Rebrand
LINKS
Visit www.loc8ermobile.com for further information
➔ Watch the product demo CLICK HERE
➔ Watch the outtakes reel CLICK HERE