Investor Dashboard
Key financial KPIs at a glance — % against revenues in QuickBooks-statement style.
Revenue Mix · % of Top Line
Cost Structure · % of Operating Cost
Use of Funds · % of $10M Raise
Problem & Solution
Solving the #1 friction in used-EV resale: battery uncertainty
The Problem
Used EVs are projected to be 40% of European car transactions by 2028, but the market is broken — buyers won't pay without verified battery health, sellers can't extract fair value, and dealers refuse trade-ins they can't price. Result: $14B/yr of EV value is stranded annually as cars sit on lots or sell at deep discounts.
Our Solution
A two-sided marketplace combining (1) a proprietary 12-minute battery health certification (89% accuracy vs OEM data, no dealer integration required), and (2) a transparent C2C/B2C marketplace where buyers see verified battery scores, range estimates, and 5-year residual value forecasts.
Market Opportunity
$180B Used-EV Market by 2030 addressable today
European used-EV transactions growing 65% YoY through 2028 · structurally underserved
Battery cert: $89 per scan (consumer) or $39 (dealer wholesale). Marketplace: 2.5% transaction fee on cars sold + $199 listing premium. Future: warranty insurance product (15% gross margin).
Financial Statements · % vs Revenue
QuickBooks-style readout — every line shown as percentage of its parent total.
Revenue Mix
| Revenue Stream | % of Revenue | Share |
|---|---|---|
| Battery Certifications | 45.0% | 45% |
| Marketplace Transaction Fees | 30.0% | 30% |
| Listing & Premium Subscriptions | 15.0% | 15% |
| Warranty / Insurance | 10.0% | 10% |
| Total Revenue | 100.0% | 100% |
Cost Structure
| Cost Line | % of Cost | Share |
|---|---|---|
| Engineering & Battery AI | 30.0% | 30% |
| Marketing & Acquisition | 25.0% | 25% |
| Dealer Partnerships & Ops | 18.0% | 18% |
| Cloud & Data | 12.0% | 12% |
| Customer Support | 8.0% | 8% |
| G&A | 7.0% | 7% |
| Total Operating Cost | 100.0% | 100% |
Use of Funds — $10M Raise
| Allocation | % of Raise | Share |
|---|---|---|
| European Expansion (FR · IT · ES) | 35.0% | 35% |
| Engineering & AI Accuracy | 25.0% | 25% |
| Dealer Network Build-Out | 20.0% | 20% |
| Marketing & Brand | 15.0% | 15% |
| Compliance & Legal | 5.0% | 5% |
| Total Use of Funds | 100.0% | 100% |
Valuation, Capital Structure & Forward View
An investment is a bet on the forward plan, so a trailing snapshot isn't enough. These are derived from this report's own ask and projections — not external estimates.
Capital Structure & Funding
An equity round with no structural debt disclosed — capital-structure risk is dilution and runway rather than credit or covenants. Any future expansion or working-capital debt would change this profile and should be tracked.
How to read these
Rule of 40 sums forward revenue growth and EBITDA margin — ≥40 is healthy; below it flags growth bought at the cost of profit. Capital efficiency is Year-5 revenue per dollar raised. Entry multiple divides the disclosed cap / pre-money / asking price by Year-3 revenue, shown only where disclosed (n/d = not derivable). Verify against primary diligence.
Traction & Proof Points
- 47K battery certifications completed · 92K listed cars · 8.2K transactions YoY
- Partnerships with 320 independent dealers across UK, Germany, Netherlands
- Average battery cert lifts seller price by £1,800 (verified A/B)
Moat & Exit Strategy
Defensible Moat
Battery cert dataset is the largest non-OEM in Europe — accuracy compounds with every scan. Two-sided marketplace network effects: more verified cars → more buyers → more dealers → more cars. OEM partnership pipeline as automakers see the cert standardizing the used market.
Exit Path
Strategic acquisition by a used-car marketplace (Auto Trader, Cazoo successor, AutoScout24) or OEM seeking aftermarket data, or IPO at €500M+ revenue within 6–8 years.
Key Risks
- OEM-direct certification competing with the cert business
- EV market growth slower than projected (charging infra bottleneck)
- Liability exposure on incorrect battery health predictions
When the Thesis Breaks
Read this before trusting the forward numbers. The case rests on operating leverage — revenue growth converting into a holding-or-expanding EBITDA margin. The fastest way it breaks: a period where revenue grows but EBITDA falls (margin compression).
If any of the Key Risks above materialise, the forward projections in this report should be treated as suspended until the model is re-underwritten. The single most material trigger to watch: OEM-direct certification competing with the cert business.