Corrsy

Corrsy

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Financials

Estimates*

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Revenues, earnings & profits over time
EUR202120222023
Revenues000000000000
% growth-(75 %)38 %
EBITDA000000000000
% EBITDA margin-(888 %)-
Profit000000000000
% profit margin23 %(1125 %)-
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Company filings or news article, Dealroom estimates

More about Corrsy
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Corrsy.com is a forward-thinking startup dedicated to transforming education for teenagers aged 14 to 19 in the Middle East. The company focuses on providing high-quality, engaging, and affordable vocational education content through a gamified mobile application. This innovative approach aims to make learning more exciting and impactful, helping students achieve their dreams and build a solid foundation for future employment.

Corrsy.com operates in the educational technology (EdTech) market, specifically targeting the Middle Eastern region, with an initial focus on Iraq. The platform is designed to address the unique educational challenges faced by teenagers in this region, offering content in their native language to ensure better understanding and retention.

The business model of Corrsy.com revolves around a subscription-based service. Users pay a fee to access the premium educational content available on the mobile app. This model ensures a steady revenue stream while keeping the service affordable for a broad audience. Additionally, the company may explore partnerships with educational institutions and government bodies to expand its reach and impact.

Corrsy.com makes money primarily through these subscription fees. By offering a high-value service that addresses a critical need—quality education for teenagers—the company positions itself as a vital resource for students and their families. The gamified aspect of the app not only makes learning more enjoyable but also helps in reducing school dropout rates, thereby increasing the overall educational attainment in the region.

In summary, Corrsy.com is a mission-driven EdTech startup that leverages mobile technology to deliver high-quality, engaging, and affordable vocational education to teenagers in the Middle East. By focusing on this niche market and employing a subscription-based model, the company aims to make a significant impact on the educational landscape of the region.

Keywords: EdTech, vocational education, gamified learning, mobile app, Middle East, teenagers, subscription model, affordable education, Iraq, dropout prevention.

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