IoT Aquaponics System

Connecting Aquaponics with Internet of Things

Aqua Solutions is a company that provide solutions to solve the current industry problems or improve their existing system. The purpose of writing this purposal was to promote our idea to the public.

Financial Breakdown:
  P&L    
  2018 2019 2020
  Year 1 Year 2 Year 3
  RM RM RM
Sales    405,145 (299 x 1355) 827,333 (299 x 2767) 1,278,524 (299 x 4276)
Less: Cost of Good Sold      
Opening Stock   3699 2712.6
Purchases 115,080 (82.2x1400) 230,160 (82.2x2800) 353,460 (82.2x4300)
       
Less: Closing Stock 3699 (82.2x45) 2712.6 (82.2x33) 2794.8 (82.2x 34)
Cost of Good Sold 111381 (82.2x1355) 231,146.4 (82.2x2812)  353,377.8 (82.2x4299)
Gross Profit  293,764 599,885.60 925,146.20
       
Less: Expenses      
Marketing and Promotional Expenses 36,200 45,800 52,500
Payroll and Related Cost 146,188 194,178 256,789
Operational Expenses 46,275 52,450 56,850
Office and Administration Expense 28,389 32,580 38,090
Net Profit 36,712 274,877.60 520,917.20

 

Business Goals:
  ROI    
  Year 1 Year 2 Year 3
  RM RM RM
Gain 405,145 827,333 1,278,524
Less: Cost 368,433 556,154.40 727,606.80
Net Profit 36,712 274,877.60 520,917.20
Divide by Cost 368,433 556,154.40 727,606.80
ROI 0.10 0.49 0.72

 

Risks & Challenges:

Hard for peoples to accept this idea because it's very new to market and users may spend some time to learn how to use this system.

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Proposal by

Malaysia
created on May 31, 2018

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