HeronTrack 1A
Tool tracking solution
Equity
€201,800
total amount raised in round
298%
- Backed by over 100 investors
- Eligible for a tax reduction
Campaign Closed
Historical accounts
No historical accounts
Financial plan
The 5-year financial plan is presented below.
Revenue drivers
The sale of the tag (hardware) of €30 per piece. 20% of the connected tools will be equipped with our own tags.
The subscription per connected tag:
- €1 for each tag of the competition or other BLE tag (which we can also sell without LoRa)
- €3 for our tag (LoRa subscription to be paid to Proximus)
The subscription per connected tag:
- €1 for each tag of the competition or other BLE tag (which we can also sell without LoRa)
- €3 for our tag (LoRa subscription to be paid to Proximus)
Cost drivers
The development of the platform and the user interface for 2019 is estimated at € 114k.
The purchase of the hardware (1,500 units for 2019) is €30,000
For the part of the solution, such as hosting and LoRa subscription, we arrive at € 6k for 2019
For the personnel part, we expect recruitment in June (CTO) and in September (CSM) for a budget of €126,000 in 2019.
Financial tables
☒
Break even volume
EBIT of 77.167 € in 2020