Investor relations · pro-forma model

The 5-year financial model

A capital-light clearing business: revenue scales with cleared volume, not headcount. Toggle the scenario; every figure is driven by /data/financials/model.json (a non-dev can edit it).

Revenue

EBITDA

Break-even in Year 4 (base); operating leverage of a clearing business.

Cleared volume (GMV)

The north-star metric — every revenue line is a take-rate on this.

Cap table

Pre-seed stage.

Use of funds — $3M pre-seed

ADGM Sandbox stage.

Base-case P&L

USD millions. Revenue = sum of the four lines.

Illustrative; assumptions: 1.5% clearing take-rate, 0.5% origination, 3.0% treasury float, ~85% gross margin, $250k avg deal. Not investment advice.