Overview
This Company has developed an iOS App, available in Apple’s App Store, that makes older model iPhones run faster and more efficiently which also extends their battery-life. Freeing up iPhone storage-space within the handset itself, this easy-to-use App, optimizes an iPhone’s performance through hygienically removing unwanted files that burden speed and drain the battery. The Company boasts a top Apple App Store rating with tens of thousands of positive reviews. Beyond the recurring revenue of its install base of 15,000, ample opportunity exists to cross-sell and up-sell additional iPhone/Smartphone-related products and services. Expansion of the current product line can include increased advertising and pursuit of Google/Android version of its App.
Financials
Revenue is expected to continue to improve in FYE 2026 due to continued growth/demand.
Management
Current management is open to remaining with the Company through transition period.