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 $5.0M Raise
Problem & Solution
Hold-Until-Confirm — enterprise-grade booking for the African aviation market
The Problem
African corporate travel is broken by fragmented airline systems, multi-currency settlement complexity, mobile-money payment preferences, and the absence of approval-based booking workflows. Existing OTAs are consumer-grade; global TMCs ignore African payment rails and local content.
Our Solution
A cloud-native booking platform with deep GDS integration (Amadeus, Sabre, Travelport) and a proprietary Hold-Until-Confirm model that lets corporates reserve seats for 30 minutes without immediate payment, enabling client approval workflows. Multi-gateway payments (cards, mobile money, USSD, bank transfer) cover the full African payment landscape.
Market Opportunity
$28.5B TAM by 2030 addressable today
7.2% CAGR · SAM $4.2B · SOM $420M by Y5
Primary revenue from 2.5–4% transaction fees on confirmed bookings, supplemented by $500–$5,000/mo SaaS corporate dashboards, $2,000–$10,000/mo API licensing, and ancillary insurance/lounge/hotel cross-sell.
Financial Statements · % vs Revenue
QuickBooks-style readout — every line shown as percentage of its parent total.
Revenue Mix
| Revenue Stream | % of Revenue | Share |
|---|---|---|
| Booking Transaction Fees | 60.0% | 60% |
| SaaS Subscriptions | 20.0% | 20% |
| API Licensing | 10.0% | 10% |
| Ancillary Cross-Sell | 7.0% | 7% |
| Data & Analytics | 3.0% | 3% |
| Total Revenue | 100.0% | 100% |
Cost Structure
| Cost Line | % of Cost | Share |
|---|---|---|
| Engineering & Product | 30.0% | 30% |
| GDS & Payment Fees | 25.0% | 25% |
| Enterprise Sales | 20.0% | 20% |
| Cloud & Security | 10.0% | 10% |
| Customer Success | 8.0% | 8% |
| G&A | 7.0% | 7% |
| Total Operating Cost | 100.0% | 100% |
Use of Funds — $5.0M Raise
| Allocation | % of Raise | Share |
|---|---|---|
| Product & GDS Integrations | 40.0% | 40% |
| Sales & Marketing | 25.0% | 25% |
| Operations & CS | 15.0% | 15% |
| Infra & Compliance | 10.0% | 10% |
| Working Capital | 10.0% | 10% |
| 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
- Live GDS integration with 3 providers · 40+ airlines · 200+ airports
- Sub-50ms API latency at 10,000+ requests/second capacity
- PCI DSS Level 1 · SOC 2 Type II · ISO 27001 compliance achieved
Moat & Exit Strategy
Defensible Moat
First-mover Hold-Until-Confirm workflow tailored to African corporate approval cycles, combined with the only platform offering all three major GDS systems plus a full African mobile-money payment stack in one API. Compliance certifications (PCI DSS L1, SOC 2 II, ISO 27001) are a 12–18-month catch-up cost for new entrants.
Exit Path
Strategic acquisition by a global TMC (Navan, CWT, Amex GBT) or a regional aviation/fintech holding seeking African enterprise rails, with a Series B-to-IPO path on a 5–7 year horizon.
Key Risks
- GDS commercial-terms renegotiation risk affecting unit economics
- FX volatility across 10+ African currencies
- Regulatory fragmentation across 54 jurisdictions for cross-border ticketing
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: GDS commercial-terms renegotiation risk affecting unit economics.