launched in 2008 F Host, again, serving up and helping about 30 developers and end customers

that pay on average 10 grand per year, doing about 25 grand per month right now. They also do a

significant portion of consulting work. So they'll do about 1.5 million this year, up from 1.1 million

bucks last year, team of 25 people based in Rome. Hello, everyone. My guest today is Antonio Lioforte.

He has a master's degree in electronic engineering in 1992.

Worked initially in the aerospace industry in Italy, England, and the Netherlands.

He founded his first company in 1995, then launched his current company F. Hostor in 2008.

Raised $1.2 million from private investors and a VC fund. And then

recently, a company in the IOT industry. Antonio, are you ready to take us to the top?

Yeah, I hope so. That's my effort. Good. All right. So what do you mainly focus on right now,

F. Hoster or this IOT company? No, actually, F. Hoster has a development plan to enter the IOT field. We're not

focused on the in IoT now, but that's one of the development horizon that we have. Okay, so F. Hoster

is your main focus. Explain to us kind of what the company does and specifically what's your revenue

model. Is it a pure place SaaS company? It's a platform as a service company yes and the the business of the

platform is providing developers with an innovative way to create to create business management

information system in a much faster way and what we do have is a is a web-based platform allowing

developers to model their applications

and turn them into executable applications in a matter of minutes from conceptual models,

not by coding.

Okay.

And what is kind of the average company or developer pay you per month or per year to use this software?

Well, we have accounts ranging from $5,000 per year to $70,000 per year.

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