The company has what I consider a valuable asset and therefore I find that the determination of the value of the company cannot be solely based on turnover/profits.The company exists for 15 years, is run by two persons and the yearly sales of URL filtering solutions is less than USD 250,000.
The assets are a URL database with 53 categories and content categorisation bots with two AI engines.
The URL database has "only" 16.9 million entries but covers 99.77% of all URLs used by a large Telecom in the USA.
The coverage percentage varies; it depends on country and client type and is for some clients 99.90% or even 99.99%.We consider to sell the company and start a new business in agriculture.
The "burning" question is how to determine the value of the URL database and the categorisation bots, and ultimately determine a reasonable/just asking price for the company.Thank you for suggestions.