Periodic Reporting for period 1 - SCS (The most advanced “Do-it-Yourself” paint vending machine in the market)
Reporting period: 2018-05-01 to 2018-09-30
Our goal is to launch the SELF COLOR SYSTEM (SCS), an automated vending machine of custom-made paint based in our game-changing Master System (MS) which allows to produce paint in a most effective way.
SCS machine brings the vending machine concept at paint and DIY stores allowing a decrease of paint manufacturers environmental footprint due to a drastic reduction of raw materials (20% less), white base paints (70% less) and inventory/transport needs (40% less).
The estimated P&L statement shows that SCS will mean a major milestone in the company’s strategy and boost our growth, targeting EBITDA>20% and generating around 20 new jobs, until 2025 when full production capabilities are reached.