Description

One of Latin America’s most important leaders in the development and commercialization of educational content and solutions for print books, digital books, virtual learning objects and educational platforms. Expected revenues by the sale of digital products for 2016 is of 3.600 million Colombian pesos (USD 1.2 million). The Company provides services to a portfolio of national and international clients within which educational, governmental, departmental and municipal institutions are included. The Company has its digital and printed products sales distributed as follows: 53% to schools, 26% to vendors that perform direct sales to students through schools and 21% to bookstores and warehouses. In 2015, the Company had 3,583 Latin American customers (mostly in Colombia) and effective contracts with 100 schools. It has excellent growth opportunity in digital products both inside and outside of Colombia. Profitability has been increasing and will reach an EBITDA margin of 25.2% in 2016.
The Company operates from its 2,400 m2 headquarters located in Bogotá and has 16 other offices in different cities of Colombia totalling 2,817 additional m2. Currently, the Company has 264 employees.
Colombia is the only country in South America that has access to both the Pacific Ocean and the Atlantic Ocean. Its dynamic and continuously growing economy attracts foreign investment. The country's per capita GDP has doubled in the last decade from USD 5,826 in 2000 to USD 10,350 in 2012. In addition, Colombia is the second largest Spanish-speaking population, the third most "friendly" to do business with, and a top reformer in Latin America according to the World Bank’s Doing Business 2013.

Posted Oct 20, 2016

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