Letamo — Investor Pitch Deck

Letamo

Investor Pitch Deck · Revenue Model v3.0 · 2026

Letamo

Namibia's
first.

Windhoek, Namibia · June 2026 · Confidential

Investor Pitch Deck · Revenue Model v3.0

letamo.na / investor@letamo.na

KEY METRICS

N$35.4M

Pre-Money
Valuation

Month 8

Break-Even
Target

N$3.33M

Year 1
Revenue

N$0

Direct
Competitors

Seeking N$1,500,000 seed investment for 20% equity in the only all-in-one home services platform in Namibia.

Letamo

01 — The Problem

The Problem

Home services in Namibia
are completely broken.

📞

Phone & WhatsApp only

No online booking exists. Customers call friends of friends. No reliability, no accountability, no record of the transaction.

💸

Cash only — zero protection

Cash changes hands before the job is done. No refunds. No dispute resolution. No recourse if quality is poor.

🔍

No vetting or ratings

Providers are unknown strangers. No background checks, no reviews, no skill verification. Trust is pure guesswork.

📱

Zero digital platforms

No app, no marketplace, no booking system exists for home services anywhere in Namibia. The entire market is informal.

Letamo

02 — The Solution

The Solution

One app.
Every home service.

🧹

Cleaning &
Laundry

🔨

Plumbing &
Electrical

🛒

Grocery &
Delivery

💅

Beauty &
Wellness

01

Customer books in-app

Selects service & provider

02

Pays via MoMo or Card

Funds held in escrow

03

Provider arrives & works

GPS-tracked, rated

04

Customer confirms done

Stars awarded

05

Provider paid via MoMo

85% every Friday

Escrow-based payments protect both parties. No cash. No disputes without resolution.

Letamo

03 — Market Opportunity

Market Opportunity

A massive,
uncontested market.

144,630

Windhoek Households

NSA CENSUS 2023

72.5%

Smartphone Ownership

KHOMAS REGION

N$2.8B

Home Services Market

INFORMAL SECTOR EST.

N$0

Direct Competitors

ALL OF NAMIBIA

49,700+

Potential Providers

KHOMAS UNEMPLOYED

2.8%

Market Penetration Needed

TO HIT YEAR 1 TARGETS

Letamo

04 — Revenue Model v3.0

Revenue Model v3.0

Six streams. Built-in from Day 1.

1

25% Commission on Call-Out Fee

On every booking across all 4 verticals. Avg booking N$350 → N$87.50 per booking.

N$87.50/booking

2

Provider Monthly Subscription

All active providers pay N$250/month for platform access. 500 providers = N$125K MRR.

N$250/month

3

Bundle Booking — B2B Platform Fee

Flat N$15 per booking for businesses & SMEs with larger service profiles.

N$15/B2B booking

4

10% In-App Payment Processing Fee

On Card & MTC MoMo digital payments (80% of bookings). Avg N$28 additional per booking.

10% of booking

5

In-App Advertising

Provider & partner brand placement. N$40–N$80/month per advertiser. Scales with user base.

N$40–80/mo

6

Premium Listings

Top search placement + Premium badge. N$150/month. 30% provider take-up projected.

N$150/month

💡

Combined per booking with digital payment: commission + payment fee

N$115.50 earned

vs N$52.50 before

Letamo

05 — Financial Projections

Year 1 · Month-by-Month

Break-even at
Month 8.

Monthly Revenue

Fixed Costs (N$141,900/mo)

Break-even line

YEAR 1 TOTAL REVENUE

N$3,334,784

BREAK-EVEN

Month 8 ★

YEAR-END USERS

2,835

PROVIDERS

500

NET PROFIT YEAR 1

N$1,631,984

NET MARGIN

49%

Letamo

06 — 3-Year Projections

3-Year Projections

From N$3.3M to N$21.8M in 3 years.

Year 1 · 2027

N$3,334,784

49% net margin

Active users2,835

Active providers500

Operating costsN$1,702,800

Net profitN$1,631,984

Break-evenMonth 8 ✓

CitiesWindhoek

Year 2 · 2028

N$11,812,800

86% net margin

Active users5,000

Active providers900

Operating costsN$1,650,000

Net profitN$10,162,800

Series A prepActive

CitiesWindhoek + Coast

Year 3 · 2029

N$21,852,000

89% net margin

Active users8,500

Active providers1,600

Operating costsN$2,400,000

Net profitN$19,452,000

Series AClosed

CountriesNA · BW · ZM

Letamo

07 — Revenue Mix

Revenue Composition

Diversified from Day 1.

N$3.33M

YEAR 1
REVENUE

25% Commission

44%

N$1,473,491

Provider Subscriptions

22%

N$750,000

10% Payment Fee

14%

N$471,000

In-App Advertising

7%

N$240,000

Premium Listings

6%

N$202,500

B2B Bundle Fees

1%

N$10,800

TOTAL YEAR 1

100%

N$3,334,784

Letamo

08 — Model Comparison

v2.0 vs v3.0

The redesign
changes everything.

Metric	Old Model v2.0	New Model v3.0	Change
Commission rate	15% flat	25% flat	↑ +10pp
Provider subscription	None	N$250/month	New ✦
B2B bundle fee	None	N$15 per booking	New ✦
10% payment fee	None	Card + MoMo	New ✦
Per-booking revenue	N$52.50	N$115.50	↑ +120%
Year 1 Revenue	N$800,000	N$3,334,784	↑ +317%
Year 2 Revenue	N$2,100,000	N$11,812,800	↑ +463%
Break-even	Month 18	Month 8	↑ 10 months faster
Pre-money valuation	N$7,500,000	N$35,438,400	↑ +373%

Letamo

09 — Competitive Position

Competitive Position

Zero competitors.
First-mover advantage.

Platform	Market	Commission	Provider Sub	Payment Fee	Verticals	Scale
Letamo	Namibia (us)	25%	N$250/mo	10%	4 verticals	Seed
SweepSouth	South Africa	4–20%	None	None	1→15	$17.1M
Urban Company	India/UAE	18–30%	None	None	Multi	$2.8B val.
WhatsApp groups	Namibia	None	Free	None	Informal	N/A

✓ Only platform in Namibia

Zero direct competition. Define the category before anyone else enters. First-mover brand loyalty compounds fast.

✓ Proven global model

SweepSouth raised $17M. Urban Company hit $2.8B. Same model, same demographics, uncontested market.

✓ N$115.50 per booking

vs SweepSouth's ~N$52.50. Our multi-stream model generates 120% more per transaction from Day 1.

✓ MTC MoMo is already trusted

2M+ Namibians use MoMo daily. Letamo plugs into existing trust — not building it from scratch.

Letamo

10 — Traction & Timeline

Traction & Timeline

From MVP to SADC in 24 months.

M0–M3

Foundation

May–Aug 2026

✓ MVP in development

BIPA registration

Dev firm hired

MoMo merchant live

100 providers seeded

M4–M6

Build & Beta

Sep–Dec 2026

Android MVP complete

500 beta users

MoMo live payments

50+ bookings/month

Beta Jan 2027 ★

M7–M12

Full Launch

Jan–Jun 2027

NBC TV campaign

iOS app live

2,835 active users

N$3.33M revenue

Break-even M8 ✓

M13–M18

Expand

Jul–Dec 2027

Swakopmund launch

Walvis Bay launch

B2B portal live

N$11.8M ARR Y2

Series A prep

M19–M24

SADC

Jan–Jun 2028

Series A closed

Botswana entry

Zambia entry

AI matching live

N$21.8M ARR Y3

CURRENT STATUS

MVP in development

Bootstrapping

4 verticals designed

MoMo API tested

BIPA registration pending

Beta target: Jan 2027

Letamo

11 — The Investment

The Investment

N$1,500,000 for 20% of the
only home services platform in Namibia.

Valuation Methodology

Method

3× Year 2 ARR (marketplace standard)

Year 2 ARR basis

N$11,812,800

Revenue multiple

3.0×

Pre-money valuation

N$35,438,400

Seed raise

N$1,500,000

Equity offered

20%

Post-money valuation

N$44,298,000

Use of N$1,500,000 Seed Funds

App Development (MVP)

N$420,000

28%

Team — 12 months

N$360,000

24%

Marketing & Launch

N$180,000

12%

Operations & Provider

N$240,000

16%

Legal & Compliance

N$60,000

4%

Customer Guarantee Fund

N$60,000

4%

Cloud & Infrastructure

N$48,000

3%

Contingency (10%)

N$132,000

9%

Letamo

12 — Get In Touch

Letamo

The only home
services platform
in Namibia.
First. Only. Now.

01

Zero competitors in a N$2.8B market

02

Break-even at Month 8 — not Month 18

03

N$115.50 earned per booking vs N$52.50

04

6 revenue streams diversified from Day 1

05

8.7× investor return in 36 months

Get in touch

EMAIL

investor@letamo.na

WEBSITE

letamo.na/investors

LOCATION

Windhoek, Namibia

MODEL

Seed · 20% equity

ASK

N$1,500,000

PRE-MONEY

N$35,438,400

The model is proven. The market is ready. The competition does not exist.
Windhoek, Namibia · 2026 · Confidential