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Neutral Digital Case Study

Interim leadership, working capital management and exit preparation

Situation

  • Founded in 2012, became specialist in creating immersive content and technology (AR/VR) in Aviation; Blue chip customers including British Airways, Lufthansa, Air Canada and Cathay Pacific
  • Severe impact from Global Pandemic as Aviation industry shut down; pivoted to real-estate and restructured cost base
  • In 2021 began post-pandemic rebuild; currently capitalizing on continued recovery of global airline market; preparing for investor exit

Advisory support provided

  • Interim CEO/CFO from 2021 to 2023 to drive structure and fiscal discipline
  • Cash management and working capital
  • Currently leading exit process for largest shareholder

Outcomes

  • Revenue growth of 4x between 2020 and 2024 coming out of pandemic
  • Business funded from own cash flows
  • Protected shareholders’ interests with opportunity for returns

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