Land in 200+ countries and your phone just works. No roaming bill, no hunting for a local SIM, no new number. That is Bcengi: one global eSIM where you pay only for the data you use, your balance never expires, and setup takes minutes with no physical SIM.
This is our core business and it is strong. The eSIM is live, adoption keeps growing, and because balances never expire and top up automatically, travelers stay on one plan and come back trip after trip. Revenue is prepaid and it recurs rather than being a one-time sale. It is a real, healthy business today, not a promise.
What makes that unusual is where the money comes from. Most travel connectivity is a one-time purchase: the traveler buys a bundle for the trip, uses part of it, and the seller has to win them again next time. We do not sell a bundle for a trip, we open an account. The balance carries over, it tops up on its own, and the same traveler keeps using it on the next trip without being reacquired. Over half of our revenue now comes from customers who first bought in an earlier month, and every group of customers older than six months has spent more than the deposit they started with.
That changes what growth costs. Because the customers we already have keep buying, we do not need to spend continuously to stand still, and every dollar of acquisition compounds instead of being consumed by a single sale. We also serve businesses on the same platform, with policy and budget controls for companies whose staff travel.
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