FluxCap Financial Services — Go-to-Market Strategy & Unit Economics

The go-to-market strategy and the unit economics - the acquisition model and the per-customer economics underpinning FluxCap.

FluxCap Financial Services Business PlanSection 10 › Go-to-Market Strategy & Unit Economics

Section 10 · Business Plan

Go-to-Market Strategy & Unit Economics

The go-to-market strategy and the unit economics – the acquisition model and the per-customer economics underpinning FluxCap.

Acquisition channels

Channel Mechanics Expected share of FY2031 gross adds Indicative CAC
Performance digital Search, social, programmatic; conversion-optimised funnels 35% R350–R500
Embedded partnerships Payroll platforms, retailers, e-commerce, fintech APIs 30% R80–R150
Referral & organic Member-get-member incentives; SEO; app-store presence 20% R40–R90
Influencer & community Micro-influencers, stokvel and community-finance education 15% R150–R250
Figure 7
Figure 7 — Blended CAC per gross customer addition vs annual revenue per active customer

Blended CAC starts high — approximately R767 in
FY2027
— reflecting launch-phase paid-media dependence, then
compresses to the R240–R285 range as embedded and referral channels
scale. Against annual revenue per active customer of R1,550–R2,111 and a
modelled 24–30-month average customer life, the implied LTV:CAC ratio
moves from roughly 2.0x at launch to above 5x at maturity. Marketing
spend is held at 25–34% of opex throughout, so acquisition intensity is
funded within the sponsor’s EBITDA envelope rather than layered on top
of it.

ASSUMPTION FLAG

FY2027 unit economics are marginal by design: a R767 CAC against
R2,111 first-year revenue per customer works only if 12-month retention
exceeds ~45%. If launch-cohort retention lands below 35%, the marketing
budget acquires unprofitable volume and the FY2028 revenue step to R310m
becomes unachievable on the allocated spend. Cohort retention is
therefore the single most important early KPI — it should be a reporting
covenant to funders from month 6.

Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of FluxCap Financial Services (Pty) Ltd.