# Financials

_Simma investor data room · Plan (draft) · as of 2026-09-25_

## Five-year model
*Plan — draft of 25 September 2026 — £750k pre-seed; hiring plan of 2026-09-25 (sales/CS month 2, engineer month 4, sales/CS month 6); seed raise from month 12.* As of 2026-09-25.
- **Year 1** — revenue £58k (subscriptions £27k, Simma Pay £31k) · EBITDA −£367k · 50 customers at year end · 4 people
- **Year 2** — revenue £1.2m (subscriptions £569k, Simma Pay £642k) · EBITDA −£1.4m · 1,000 customers at year end · 20 people
- **Year 3** — revenue £9.4m (subscriptions £4m, Simma Pay £5.3m) · EBITDA −£3.1m · 6,000 customers at year end · 65 people
- **Year 4** — revenue £38.2m (subscriptions £15.8m, Simma Pay £22.4m) · EBITDA £996k · 20,000 customers at year end · 152 people
- **Year 5** — revenue £116.5m (subscriptions £45m, Simma Pay £71.5m) · EBITDA £24.8m · 50,000 customers at year end · 287 people

EBITDA break-even in **year 4**. Gross margin rises from 74.8% in year 2 to 85.8% in year 5.

## Rounds
- **Pre-seed** — £750k, now (SeedFAST, £4m cap)
- **Seed** — £3m, raise from month 12, close by month 18
- **Series A** — £10m, start of year 3

The workbook, with live formulas, is available on request.