Boatim Inc. Today Made Its Updated "Investor Deck Q1 2021" Available To Its Shareholders

Rhea-AI Summary

Boatim Inc. (OTCQB: BTIM) released its updated Q1/2021 Investor Deck, providing shareholders with insights into the company's market strategy and performance. CFO Ben Salter emphasized the importance of transparency for current and prospective investors. The Investor Deck is available for download on the company’s corporate site and Investor Relations page. Boatim operates a data-driven online marketplace for buying and selling boats, aiming for scalable revenue growth through various channels. The company continues to navigate challenges inherent in user engagement and advertising reliance.

Positive

• Updated Q1/2021 Investor Deck showcases relevant market data.
• Focus on transparency to shareholders enhances investor confidence.
• Plans for additional revenue streams due to scalable business model.

Negative

• Reliance on advertising revenue poses potential financial risks.
• Challenges in retaining user engagement could affect growth.

MIAMI, Feb. 2, 2021 /PRNewswire/ -- Boatim Inc. (OTCQB: BTIM), a data-driven, online marketplace for buying and selling boats and yachts anywhere in the world, published its updated Q1/2021 Investor Deck. The presentation contains a number of the most relevant facts and figures about the Company, its target markets, products and management team.

"We aim to keep all of our shareholders and potential investors informed about our plans, vision, and recent market trends as we enter 2021," says CFO Ben Salter, "and so we are happy to make the updated version of our Investor Deck more widely available on all suitable channels, including the Boatim Inc. corporate site with OTC Markets."

The Investor Deck can be directly downloaded as a pdf here as well as on our Investor Relations page.

For more information on previous news releases please visit our OTC Markets page.

About Boatim Inc.

Boatim Inc. (OTCQB: BTIM) is a globally operating online marketplace and special interest social network for both the boating industry and boat users.

Boatim Inc. was founded in 2018 and now employs 26 people in Miami (USA) and Barcelona (Spain). The technology startup provides industry-specific software, aimed at facilitating the process of buying and selling boats online.

On Boatim.com the boating industry can sell and promote products and connect with a fast-growing potential customer base, while boat users can explore and buy boats, and connect with like-minded people and brands. The platform, that can be accessed through both mobile devices and desktop, generates revenues through listing placements and subscription plans, as well as on-platform ads. Thanks to the great business model scalability, more revenue streams are planned to be added soon.

Since August 2019 the privately funded startup has become a publicly listed entity, trading at the OTCQB Venture Market under the trading symbol BTIM.

To learn more about Boatim, visit https://investor.boatim.com

Forward Looking Statements

This press release contains forward-looking statements regarding our future business expectations, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including: our ability to retain or increase users and engagement levels; our reliance on advertising revenue; our dependency on mobile operating systems, networks, and standards that we do not control; risks associated with new product development and their introduction as well as other new business initiatives; our emphasis on user growth and engagement and the user experience over short-term financial results; competition; litigation; privacy and regulatory concerns; risks associated with acquisitions; security breaches; and our ability to manage growth and geographically-dispersed operations. These and other potential risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed under the caption "Risk Factors" in our Annual Report on Form 10-K filed with the SEC on Dec 2, 2020, which is available via the SEC website at www.sec.gov. Additional information has also been set forth in our Annual Report on Form 10-K for the year ended Aug 31, 2020. In addition, please note that the date of this press release is Feb 02, 2021, and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements as a result of new information or future events.

Boatim® is a registered trademark of Boatim, Inc. All product names, trademarks and registered trademarks are property of their respective owners.

© 2021 Boatim, Inc., All Rights Reserved.

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SOURCE Boatim Inc.

FAQ

What is included in Boatim's Q1 2021 Investor Deck?

The Investor Deck includes vital facts and figures about market strategy, product offerings, and management.

How can shareholders access Boatim's updated Investor Deck?

The updated Investor Deck can be downloaded from Boatim's corporate site and Investor Relations page.

What challenges does Boatim face according to the latest press release?

Boatim faces risks related to user engagement and reliance on advertising revenue.

What is the business model of Boatim Inc.?

Boatim operates an online marketplace, generating revenue through listing placements, subscription plans, and platform ads.

When was Boatim Inc. founded?

Boatim Inc. was founded in 2018 and became publicly listed in August 2019.