The Company is a global provider of intelligent self-service solutions related to hardware and software through manufactured kiosks. The Company sells customizable technology checkout kiosks primarily to public libraries and universities, bundling each unit with required Hardware-as-a-Service and Software-as-a-Service contracts. These kiosks feature modular, brand-agnostic charging bays and integrate with a customizable software platform for remote monitoring, analytics, and device management. Other information technology (IT) related services are offered to clients to support the kiosks, devices, and software.
Key Aspects:
· The Company achieved an impressive average adjusted EBITDA margin of 22.3% from 2022 through 2024.
· A multifaceted proprietary artificial intelligence (AI) powered software platform has been integrated into the Company's product offering to enhance access to AI support and digital literacy for its clients.
· The Company manufactures and assembles all products in-house to strengthen vertical integration and allow customizable products per client requests.
· Kiosks utilize secure operating systems, offering fully customizable software workflows and advanced authentication capabilities.
· The Company reports approximately 20% of clients purchase additional kiosk units each year.
· With an approximate 60% average recurring revenue and 3% annual churn rate, the Company is a stable business with low customer acquisition cost and high customer lifetime value.
Opportunities:
· Continue to implement and develop the proprietary AI system to support future software and hardware services.
· Expand SaaS offerings by integrating mobile device management platforms.
· Partner with leading technology providers such as Apple, Dell, Lenovo, or HP to offer branded kiosks in high-traffic areas resulting in brand awareness for the Company.
· Emphasize advancements in repair depot kiosks to further automate typical IT help desk functions and improve hardware efficiencies for the Company and its clients.
· Target more high-security clients requiring risk management services that need the ability to distribute, track, and manage various devices from the Company's kiosks resulting in centralized, secure, and accountable user oversight.
Headquartered:
· West Coast, US
Current Markets:
· The Company offers hardware and software services to various businesses, including public sector universities, libraries, and municipal institutions, seeking to provide automated technology lending kiosks, other technology-related self-service kiosks, and IT support services.
Shareholder Objectives:
· The Company is equally owned by two individuals who are seeking a buyer that can contribute to the Company's continued growth. Ownership would prefer to remain with the Company post-sale, but will consider a variety of deal structures to facilitate a transaction.
Ad#:2440671
