Sama Sama

Investment Thesis & Opportunity

The pitch deck for Sama Sama Seaplanes outlines a venture to establish Indonesia's first national seaplane airline, targeting the booming luxury tourism and essential services market across the archipelago's remote islands. The Investment Thesis centers on filling a critical infrastructure gap in Indonesia, a country with over 17,000 islands but inadequate high-end transportation4. The Opportunity is capitalizing on the high-growth luxury tourism sector, which has seen a 25% cumulative increase in high-end traveler arrivals. Seaplanes offer a time-saving alternative 10x faster than ferries and provide a significant advantage in accessing exclusive, remote resorts. Execution risk is de-risked through a key partnership with the world's largest seaplane operator and the securing of Letters of Intent (LOIs) and pre-sold flight hours from targeted resorts.

Business Model, Market Opportunity, & Strategy 

The Business Model is a hybrid B2B/B2C revenue structure : 1) B2B Charters and 2) Scheduled Seats sold to resorts and private yachts (the primary revenue source), 2) Charter Seat Booking via online platforms, and 3) Medevac services (Air Ambulance). The amphibious aircraft also provides a reliable faster response time for emergency situations and disaster relief management for isolated areas, fulfilling a crucial social need.

Financial Performance, Terms, & Target Returns 

Sama Sama is seeking $21.5 million in seed funding at a $31 million valuation. The Investment Proposal offers attractive returns with a projected 21% IRR and a short payback period of 6.5 years. The Use of Proceeds will be allocated primarily to securing the core assets: acquiring 4 Cessna Caravans and developing the operational infrastructure including 13 water bases, 4 maintenance hangars, and the Air Operating Certificate. Total Projected Revenue is forecasted to increase rapidly from $10.2 million in Year 1 to nearly $25.9 million by Year 5.

Impact Measurement, Management, & SDG Alignment