Investor Due Diligence
The financial and corporate record for MySpurr · last updated 15 Sep 2026
Revenue to date
₦3,262,050
15% fee on ₦21,747,000 placed
Gross margin
15%
Fee revenue against contract value
Customer acquisition cost
₦1,015
Blended, to date
Revenue per placement
₦32,621
100 placements made
Unit economics
From the traction record
| Metric | Value | Basis |
|---|---|---|
| Gross profit margin | 15% | Fee income on contracts placed |
| Customer acquisition cost (CAC) | ₦1,015 | Blended across all channels, to date |
| Lifetime value (LTV) | Not yet determined | Requires a full retention cohort |
| Average revenue per placement | ₦32,621 | 100 placements |
| Contract value placed | ₦21,747,000 | Gross value transacted |
| Take rate | 15% | Fee charged on each placement |
Marketplace health
Live figures pulled from the MySpurr platform
| Metric | Value |
|---|---|
| Total users | 964 |
| Talents | 909 |
| Businesses | 55 |
| Active users | 869 |
| Monthly active users | 0 |
| Jobs posted | 41 |
| Applications | 239 |
| Jobs successfully closed | 42 |
| Job fill rate | 100.0% |
These come straight from the live platform in real time.
Everything below is forward looking
The figures that follow come from the financial model, not from trading history. The model is built in US dollars; the five-year cost plan is in naira.
Year 1 revenue (modelled)
$195,868
₦264.4M
Year 2 revenue (modelled)
$291,488
₦393.5M
Year 1 operating result
$127,392
After cost of sales and overheads
Year 2 operating result
$214,479
After cost of sales and overheads
24-month revenue projection
Modelled revenue and operating result, in US dollars
Five-year cost plan
Total operating cost by year, in naira
Five-year total
₦379,000,000
Model assumptions
The drivers behind the projection
| Assumption | Value |
|---|---|
| Revenue per job placed | $37 |
| Subscription price | $20 |
| MySpurr Courses price | $25 |
| Cost of goods (customer acquisition) | 10% of revenue |
| Year 1 growth | 50% tapering to 10% month on month |
| Year 2 growth | 20% month on month |
Planned team cost
| Role | Per year |
|---|---|
| Co-Founder | $15,000 |
| CTO | $10,000 |
| Head of Courses & Mentorships | $12,000 |
| Operations / HR | $3,000 |
| Social Media Manager | $2,500 |
Customer projection
Modelled customers, acquisition cost and revenue per customer
| Year | Customers | CAC | Revenue per customer | Revenue : CAC |
|---|---|---|---|---|
| Year 1 | 3,540 | $19 | $22 | 1.2× |
| Year 2 | 23,982 | $15 | $25 | 1.7× |
| Year 3 | 35,185 | $12 | $25 | 2.1× |
| Year 4 | 54,200 | $16 | $25 | 1.6× |
| Year 5 | 65,185 | $17 | $25 | 1.5× |
Cost plan detail
Every line of the five-year operating cost plan, in naira
| Cost line | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| AWS / hosting | ₦1.5M | ₦2.5M | ₦4M | ₦5M | ₦7M |
| Platform maintenance | ₦3M | ₦3.5M | ₦4.5M | ₦5M | ₦6M |
| CEO | ₦6M | ₦7.2M | ₦9M | ₦10.8M | ₦13.2M |
| CTO | ₦5.4M | ₦6.6M | ₦8.4M | ₦9.6M | ₦12M |
| Business development | ₦3.6M | ₦4.8M | ₦7.2M | ₦8.4M | ₦10.8M |
| Social media | ₦1.8M | ₦2.4M | ₦3.6M | ₦4.2M | ₦5.4M |
| Operations | ₦2.4M | ₦3M | ₦4.2M | ₦4.8M | ₦6M |
| Rent | ₦3M | ₦3.6M | ₦4.8M | ₦6M | ₦7.2M |
| Utilities | ₦1.2M | ₦1.5M | ₦2M | ₦2.4M | ₦3M |
| Marketing | ₦6M | ₦8M | ₦12M | ₦14M | ₦18M |
| Admin | ₦1.8M | ₦2.2M | ₦3M | ₦3.6M | ₦4.8M |
| Insurance | ₦1.2M | ₦1.5M | ₦2M | ₦2.4M | ₦3M |
| Transport | ₦1.5M | ₦1.8M | ₦2.4M | ₦3M | ₦3.6M |
| Subscriptions & licences | ₦1M | ₦1.3M | ₦1.8M | ₦2.2M | ₦2.8M |
| Cash at hand / contingency | ₦4M | ₦5M | ₦6.5M | ₦7.6M | ₦9.7M |