Gold-i Ltd

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Company identification
Gold-i Ltd
Surrey Technology Centre,
40 Occam Road,
Guildford,
Surrey,
GU2 7YG

http://www.gold-i.com
Tel: +44 1483 685412
Mob: +44 7770 950038

Founded in September 2008 and started trading in January 2009

Tom Higgins CEO
tom@gold-i.com

1 - Business Model
Business Summary - To provide the fastest and most reliable integration between retail and institutional financial trading systems on a global basis.
Customer Problem – Retail financial brokers need to cover their trading risk with larger brokers and global banks 24 hours per day with no error trades, very high frequency trading and super low latency.
Our Product/Service/Solution – The main product is the Gold-i Gate Bridge that automatically covers all retail broker risk with banks in real-time. We have many complimentary additional products that we have developed to enable brokers to take maximum advantage in this market. Most major FX & CFD retail brokers in the UK are now either using or considering using our own technology. We have developed and own all the IP for our products.
Our customers target and our Sales/Marketing strategies – Networking is the main method of selling. We do not advertise but our reputation for high quality and excellent service sells our products for us.

Our Revenue Model - Make money whilst we sleep. We get paid by the retail brokers and the banks when any customer makes a financial transaction using our systems. We have no up-front fee so it is easy to get new customers who then grow with us. On average we make about 50p per retail FX transaction. In the UK there are about 500,000 retail FX transactions per day that we can target.

What is your target market? – Initially UK, US and European FX & CFD retail brokers. Our technology is highly scalable and will work in any financial trading sector, not just retail, on a global basis.

Our competitive advantage – We have big-name customers already and have an excellent reputation. We have exclusive distribution rights for the World’s most popular retail FX & CFD trading system, MetaTrader. We also have excellent networks and contacts with all of the major banks and brokers. Our products have significantly lower error-rates and lower latency than our competition, by many factors. For example, our main competitor specifies that that they achieve 99% of trades with no errors and a minimum latency of 100ms. We achieve 99.995% of trades with no errors and 1-4ms latency. In FX trading this is the most important factor.


2 - Financial Information

Describe the source and amount of the external capital you have raised - We are 100 %self-funded and have paid-back the initial Director’s seed loan of £30,000.

Revenue and Profitability for the last 2 years and 3 years of future projections (please provide revenues, expenses, gross profit, ebitda). – For 2009 Revenue was £400,000 and EBITDA was £90,000. Predicted for 2010 is revenue of £1,000,000 and EBITDA of £350,000. Predicted for 2011 is revenue of £1,500,000 and EBITDA of £500,000.

Expenses are almost entirely salaries of the development, support and sales staff as there is no other cost of sale.

This business is highly scalable as exactly the same solution can be sold many times over with little additional cost per sale.