Project Drip - High Margin Digital Marketing Company - remote management possible

Project Drip has delivered consistent financial performance supported by strong margins and scalable growth. Revenue has grown from CAD $1.3 million in FY22 to CAD $3.3 million in FY25, representing a 36% CAGR, driven by recurring retainer relationships and strong client retention. As new clients transition to a hybrid pricing model, revenue can grow with clients’ advertising activity, aligning with industry standards. EBITDA also grew quickly from CAD $0.7 million in FY22 to CAD $1.3 million in FY25 (23% CAGR), with near-term margin pressure reflecting deliberate investment in talent and marketing. The Company sees a clear path to margin expansion, supported by the new hybrid pricing model and economies of scale. For the TTM period, EBITDA margin remains high at 43%, reflecting the Company’s cost-efficient and scalable business model. Project Drip’s asset base is light, and capital expenditure requirements are expected to be minimal given the online nature of the business. Furthermore, the Company has little interest-bearing debt, leaving significant room for financial flexibility and any future debt service requirements.