WULUS GROUP

WULUS GROUP

Early Stage

Revolutionizing Procurement and Logistics: Unmatched One-Stop Solution

Revolutionizing Procurement and Logistics: Unmatched One-Stop Solution

Overview

Raised to Date: Raised: $1,618

Total Commitments ($USD)

Platform

Issuance Express

Start Date

11/15/2023

Close Date

06/30/2024

Min. Goal
$10,000
Max. Goal
$1,234,363
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$30,000,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/06/2024

Days Remaining

54

% of Min. Goal

16%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$9

# of Investors

3

Momentum
cold.svg
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Year Founded

2019

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

Renton, Washington

Business Type

Growth

WULUS GROUP, with a valuation of $30 million, is raising funds on Issuance Express. The company has developed an all-in-one platform for reshaping procurement and logistics. WULUS GROUP offers a one-stop solution for MRO, industrial equipment, and IT equipment procurement and uses an integrated approach for e-commerce, distribution, logistics, and asset-based trucking. The business has generated $15 million in lifetime revenues with a customer retention rate of 98% and monthly user growth of 20%. Anthony Obiako founded WULUS GROUP in November 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, equipment purchases, purchase of real property, future wages, cash reserves, operations, e-commerce marketplace upgrade, and trailer lease.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$668,325

$989,407

COGS

$467,846

$788,162

Tax

$10,250

$0

 

 

Net Income

$38,671

$71,417

Summary Balance Sheet

FY 2022 FY 2021

Cash

$39,062

$53,284

Accounts Receivable

$71,880

$0

Total Assets

$380,223

$84,719

Short-Term Debt

$382,427

$293,991

Long-Term Debt

$493,748

$217,521

Total Liabilities

$876,175

$511,512

Financials as of: 11/15/2023
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Analyst Report

Synopsis

Logistics and supply chain management are critical aspects of any physical product business. However, managing procurement, distribution, and logistics can be complex and time-consuming. This is especially true for businesses that must procure and distribute a wide range of products, such as industrial equipment, MRO (Maintenance, Repair, and Operations), and IT equipment.

WULUS GROUP has developed an all-in-one platform to streamline procurement and logistics. The platform offers a unified solution for businesses to secure what they need, handling everything from procurement to distribution, logistics, and shipping. This integrated approach makes it effortless for businesses to manage their supply chains, saving them time and resources.

WULUS GROUP's platform has been well-received by businesses. The company has generated $15 million in lifetime revenues, has a customer retention rate of 98%, and is experiencing monthly user growth of 20%. These strong performance indicators suggest that WULUS GROUP's platform is meeting a real need in the market and is poised for continued growth.

Next Section: Price

Price

WULUS GROUP is raising funds on Issuance Express at a valuation of $30 million. The company operates in the logistics, delivery, and supply chain industry, offering an all-in-one platform for procurement and logistics. WULUS GROUP has generated $15 million in lifetime revenues, with a customer retention rate of 98% and monthly user growth of 20%. However, the company's annual revenue is $715,000, resulting in a revenue multiple of 41.96x.

Considering the company's revenue and valuation, WULUS GROUP appears overvalued. The high revenue multiple suggests investors may not see significant returns unless the company experiences substantial revenue growth. The low margin level indicates that WULUS GROUP faces challenges in generating profits.

Next Section: Market

Market

WULUS Group operates in the vast US machinery and equipment market, valued at approximately $287.9 billion. This market encompasses many industries, including manufacturing, construction, and others that rely heavily on machinery and equipment. The market is growing at a rate of 3.08%, suggesting a stable, mature market. Despite being a mature market, the high size provides ample opportunities for businesses to carve out their niche and scale.

WULUS Group has positioned itself uniquely in this market by offering an all-in-one platform for procurement and logistics, focusing on MRO (maintenance, repair, and operations), industrial equipment, and IT equipment. This unique business model enables the company to deliver a one-stop solution for customers, streamlining their procurement and logistics processes. Such a solution is highly beneficial for businesses that require various distribution, logistics, shipping, and supply-chain needs.

Furthermore, the company’s performance indicators suggest high market acceptance. With $15 million in lifetime revenues, a customer retention rate of 98%, and monthly user growth of 20%, WULUS Group seems to have resonated well with its target customers. This high level of acceptance is a positive sign for its future prospects in the market.

Despite the significant competition in this market, WULUS Group's integrated approach to e-commerce, distribution, logistics, and asset-based trucking can provide a competitive edge. This integrated solution reduces the need for businesses to deal with multiple vendors, potentially saving time and resources.

However, the company needs to remain vigilant about the dynamic nature of the market and continuously innovate to stay ahead of the competition. Given the low market regulation, the company has the flexibility to adapt to market changes and customer demands more quickly.

Next Section: Team

Team

WULUS GROUP is led by founder and CEO Anthony Obiako. With 12 years of relevant industry experience, Obiako brings a deep understanding of the logistics, delivery, and supply chain industry to the company. He has dedicated himself to developing an all-in-one platform for reshaping procurement and logistics, offering a one-stop solution for MRO, industrial equipment, and IT equipment procurement. Obiako's expertise and vision have driven the growth of WULUS GROUP, generating $15 million in lifetime revenues with a customer retention rate of 98% and monthly user growth of 20%.

As the sole founder of WULUS GROUP, Obiako has successfully launched the company and is now seeking funding to expand further and enhance the platform. 

Next Section: Differentiation

Differentiation

WULUS GROUP aims to differentiate itself in the logistics, delivery, and supply chain industry by offering an all-in-one platform for procurement and logistics. The company provides a comprehensive solution for MRO (Maintenance, Repair, and Operations), industrial equipment, and IT equipment procurement. WULUS GROUP's integrated approach combines e-commerce, distribution, logistics, and asset-based trucking to streamline the customer journey.

Despite facing a moderately competitive landscape with over 100 direct competitors, WULUS GROUP has the potential to stand out due to its comprehensive platform and customer-centric approach. The company's differentiation level in terms of quality is considered high, indicating that its solution offers superior value compared to other options in the market.

While WULUS GROUP does not mention any partnerships or patents, its profitable development phase, and positive traction suggest that the company has established itself as a viable player. However, it is important to note that the barriers to entry in the logistics and supply chain industry are generally low, which may increase competition in the future.

Next Section: Performance

Performance

With a customer retention rate of 98% and monthly user growth of 20%, WULUS GROUP has demonstrated its ability to attract and retain customers. The company has generated $15 million in lifetime revenues, indicating a strong demand for its services. Additionally, WULUS GROUP has been profitable for the past two years, further highlighting its success in the industry.

Financially, WULUS GROUP reported annual revenue of $715,000, with a growth rate of 6.98%. WULUS GROUP has a cash balance of $39,062, indicating a healthy financial position.

Overall, WULUS GROUP's performance demonstrates its ability to provide innovative logistics and supply chain solutions, resulting in profitable operations and steady revenue growth. The company's all-in-one platform and integrated approach position it well in the moderately competitive market.

Next Section: Risk

Risk

Investing in WULUS GROUP carries certain risks that potential investors should be aware of. Firstly, the company operates in a moderately competitive market, which can pose challenges in terms of market share and customer acquisition. Competitors may offer similar one-stop procurement and logistics solutions, which could impact WULUS GROUP's ability to attract and retain customers.

Financially, WULUS GROUP has a relatively low annual revenue and net income, indicating that the company is still in the early stages of growth. This poses a risk as it may take time for WULUS GROUP to  scale its operations. Additionally, the company has a high capital intensity level, suggesting that significant capital investments may be required to support its growth and expansion plans.

Next Section: Bullish Outlook

Bullish Outlook

WULUS GROUP has positioned itself as an innovative and all-in-one platform for reshaping procurement and logistics in the US machinery and equipment market. With its one-stop solution for MRO, industrial equipment, and IT equipment procurement, WULUS GROUP offers a comprehensive and integrated approach to e-commerce, distribution, logistics, and asset-based trucking.

The company has already generated $15 million in lifetime revenues, showcasing its ability to attract and retain customers with a remarkable 98% customer retention rate. Additionally, WULUS GROUP has experienced impressive monthly user growth of 20%, demonstrating the value and appeal of its platform.

With an annual revenue of $715,000 and a growth rate of 6.98%, WULUS GROUP is on a positive trajectory. The company's profitability further indicates its ability to generate sustainable income and achieve financial success.

WULUS GROUP's unique value proposition lies in its ability to streamline the entire customer journey by offering a unified platform for various distribution, logistics, shipping, and supply-chain needs. By providing a convenient and efficient solution, WULUS GROUP aims to become the go-to destination for businesses in need of procurement and logistics services.

Next Section: Bearish Outlook

Bearish Outlook

WULUS GROUP operates in a moderately competitive industry with low barriers to entry. While the company offers an all-in-one platform for procurement and logistics, it faces competition from other players in the logistics, delivery, and supply chain industry. Without strong partnerships or significant differentiating factors, it may be challenging for WULUS GROUP to gain a significant market share.

Furthermore, WULUS GROUP's valuation appears to be inflated, considering its revenue and growth rates. With an annual revenue of $715,000 and an annual revenue growth rate of 6.98%, the company's valuation of $30 million seems disproportionate to its financial performance. This suggests that WULUS GROUP may be overvalued, which could concern potential investors.

Additionally, while the company claims a customer retention rate of 98% and monthly user growth of 20%, there is limited information about the scale and sustainability of these metrics. Without further transparency and data on customer acquisition and retention, it is difficult to assess the long-term viability and growth potential of WULUS GROUP.

Next Section: Executive Summary

Executive Summary

WULUS GROUP is a logistics and supply chain company that has developed an all-in-one platform for reshaping procurement and logistics. The platform offers a one-stop solution for Maintenance, Repair, and Operations (MRO), industrial equipment, and IT equipment procurement. It integrates e-commerce, distribution, logistics, and asset-based trucking to streamline the entire customer journey, making it effortless for businesses to secure what they need.

Since its inception in November 2019, WULUS GROUP has generated $15 million in lifetime revenues and boasts a customer retention rate of 98%. It has seen a monthly user growth of 20%. 

WULUS GROUP seeks to raise funds through crowdfunding, with a minimum target of $10,000 and a maximum target of $1.23 million. The funds raised will be used for various purposes, including marketing, equipment purchases, real property purchases, future wages, cash reserves, operations, e-commerce marketplace upgrades, and trailer leases. The company's valuation stands at $30 million.

While WULUS GROUP operates in a moderately competitive market with low barriers to entry, it has demonstrated a promising growth trajectory. Its integrated approach to procurement and logistics could potentially revolutionize the industry and provide a valuable solution for businesses.

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WULUS GROUP on Issuance Express 2023
Platform: Issuance Express
Security Type: Equity - Common
Valuation: $30,000,000
Price per Share: $2.00

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