Amphitrite Digital Incorporated

$ 0
Committed
0
Investors

$250,000

Target Offering

$100.00

Minimum Investment

$15M

Valuation

$1,000,000

Maximum Offering

$1.00

Share Price

1,000,000

Available Shares

Offering Ended July 31, 2022

$ 0
Raised
0
Investors
$ 0
Committed
0
Investors

$250,000

Target Offering

$100.00

Minimum Investment

$1,000,000

Maximum Offering

$1.00

Share Price

$15,000,000

Valuation

1,000,000

Available Shares

Offering Ended July 31, 2022

The Offering:

Amphitrite Digital Incorporated uses advanced digital technology platforms to market, manage and operate in-destination tours, activities and events in the U.S. and the Caribbean. With several operating entities including Seas the Day Charters USVI, Tall Ship Windy in Chicago and Magens Hideaway, Amphitrite serves more than 50,000 tour and event guests annually and is already one of the largest maritime tour activity operators in Chicago and the U.S. Virgin Islands. With a foundation rooted in digital technology and innovation, Amphitrite has consistently achieved double- or triple-digit growth and is expected to reach $25m in annual revenue by 2024 and $100m by 2027.

Amphitrite does not try to be the lowest cost operator, but the highest value operator. Our digitally founded marketing and overall operations allow us to be in the top decile in price while still maintaining a high utilization rate. In 2021 on a proforma basis revenue was $3.2m. We project $5m in revenue for 2022 and after completion of Q1, 2022 Amphitrite is significantly ahead of that projection. In 2021, we serviced 47,727 guests at an average ticket of $905.54 for Seas the Day Charters USVI and $73.52 for Tall Ship Windy. Amphitrite’s revenue channels consist of direct, online sales and sales through online travel agencies (OTAs).
2021 Revenue Sources
61%

Direct, Online Sales

39%

Online Travel Agencies

We sell our activities through direct, online sales and through our OTA partners; primarily Tripadvisor, Expedia and GetMyBoat. Amphitrites marketing to these channels is powered by digitally enabled online advertising campaigns primarily through Google and Facebook. Amphitrite utilizes advanced analytics, campaign design and real-time AI to achieve industry leading results. In 2021, 61% of our revenue came through direct, online sales with a cost of advertising of 7.2% and a Return on Advertising Spend (ROAS) of 1383%. This low cost of advertising and industry leading ROAS is inverse to our industry and is directly attributable to our digitally enabled advertising and marketing platform use.

From 2016 to 2021, Amphitrite was in the start-up and early-stage of its business plan with the objective to establish its digitally enabled operating platforms and achieve a run-rate of $5m in revenue and remain cash-flow positive. Those objectives have been achieved and with Amphitrite’s digital platforms now established and tested, the company is embarking on its next five year plan to achieve a run-rate of $25m in revenue by 2024 and $100m by 2027. These objectives will be accomplished through 50% organic growth and 50% through strategic acquisitions.

Use of proceeds if the offering’s maximum amount of $1,000,000 is raised.

60%

Strategic Acquisition

$600,000

15%

Marketing & Advertising

$150,000

11%

New Position

$110,000

11%

Operating Reserves

$110,000

3%

Intermediary Fees

$30,000

Amphitrite has consistently achieved double- or triple-digit growth and is expected to reach $25m in annual revenue by 2024 and $100m by 2027.

The Team:

Scott Stawski

SCOTT STAWSKI

Chairman and Chief Revenue Officer

As a seasoned executive with more than 25 years experience in executive roles at technology firms, Scott is a recognized thought leader globally in the use of digital technology for business growth and expansion.

After a successful career in the technology services industry, Scott planned his exit from the corporate world to concentrate on growing his family’s business; now Amphitrite Digital. The company uses advanced digital technology platforms to market, manage and operate tours, excursions and events in the U.S. and the Caribbean.

Prior to Amphitrite, Scott was a leading thought leader within the technology industry most recently as the Chief Revenue Officer for DXC Technology; formerly Hewlett Packard Enterprise Services. With more than $21B in annual revenue, DXC is the world’s leading independent, end-to-end IT services company, helping clients harness the power of innovation to deliver beneficial outcomes for their business.

As Chief Revenue Officer for Applications and Business Process Services, Scott was responsible for managing the revenue generation activities for these business units globally. Prior to this role, Scott was the Vice President of Sales for the travel and transportation, and aerospace and defense sectors.

In the Summer of 2019, Scott’s second book The Power of Mandate: How Visionary Leaders Keep Their Organization Focused on What Matters Most was published by McGraw Hill. Scott’s first book was published by Pearson in 2015; Inflection Point – How the Convergence of Cloud, Data, and Mobility Will Shape the Future of Business. He is a contributing writer for TheStreet.com and SeekingAlpha.com and is a speaker and facilitator at many industry shows and conferences.

Scott continues to be active in his community. He was formerly Secretary, Board Member for the Celina Economic Development Corporation where he led the Gigabit City initiative in North Texas receiving commendation from Texas Governor Greg Abbott. He is also a Board Member for Southern Methodist University’s Creative Coding & Visualization program. He is active with ChildFund International and Shakespeare Dallas. Scott has a Bachelor of Arts in Humanities and a Master of Liberal Arts in History, Extension Studies, from Harvard University in Cambridge.

Scott also has a U.S. Coast Guard Merchant Mariner Masters (Captains) license.

Hope Stawski 2

HOPE STAWSKI

President, Founder, and Executive Management

Hope Stawski is a customer service and marketing executive with significant management experience in both the hospitality and technology industry. Hope oversees the day to day operations of Amphitrite and has been critical to the establishment of our award winning guest experience programs. Hope also leads the management team in the recruitment of world-class talent for each of our tour activity operator companies.

Hope was born and bred in Fort Worth, Texas with a passion for understanding
the world through diverse cultural mores, delicious foods and succulent wines. Her talents have taken her across the globe, traveling both professionally to share her skills and acumen with others and personally to hone her culinary talents and to create a life tapestry from ethnic mosaics. Always with a welcoming smile and friendly fist bump, she’s most at home on the bow of a boat singing the Songs of the Sirens or conversing with the dolphins.

Pat Mullett

PATRICK MULLETT

EVP of Operations and Executive Management
Pat is a proven results-oriented operator with 50 plus years in the hospitality business, holding positions ranging from bartender to Vice President of Operations in fast food, full service restaurants and retail shops. Prior to Seas the Day Charters Pat spent six years with Jimmy Buffett’s Margaritaville Caribbean Group based in Montego Bay Jamaica as Vice President of Operations overseeing daily operations ensuring food and beverage quality, service standards and profitability with locations in Jamaica, Grand Turk, Grand Cayman, and St Thomas USVI. Margaritaville Caribbean Group consisted of the following concepts, Jimmy Buffet’s Margaritaville, Air Margaritaville, Auntie Anne’s, Dairy Queen, Domino’s Pizza, Moe’s Southwest Grill, Jamaican Bob Sled Cafe, Marguerites, Cinnabon, Island Café, Quizno’s, Groovy Grouper Café and Viva-Gourmet Markets. Before MCG, Pat worked with some of the leading restaurant companies as Multi unit management including Long Horn Steak House, Applebee’s Neighborhood Bar & Grill, Bennigan’s and La tagliatelle Italian restaurant chain based in Madrid Spain. Pat and his wife have owned several of their own boats and have navigated the waters of the Gulf of Mexico, the East coast of Florida, along with the Caribbean. Majored in Hospitality at Broward College Ft. Lauderdale FL
Rob Chapple

ROB CHAPPLE

Director

Executive leader with broad and global experience leading sales, marketing, delivery operations and P&L ownership. Strong track record delivering results by leading and motivating top-performing technical and business teams to deliver solutions that create outcomes for clients. I believe focus for enterprise solutions comes at the intersection of Problem, Persona, Packaging and Pricing….and deploying resources to execute! This is where my skills lie.

Esellas Co-Founder, Chief Customer Officer. Jun 2019 – Present
Designing and creating a new model where enablement meets execution. A system that allows salespeople to be HEROS for their customers by becoming problems solvers. Using innovative technologies, sound principles and great people at the center of it all, we are building a better way to align the buying and selling between companies and organizations. Removing fear and friction by enabling trust.

This all starts and ends with our System of Sales and Ella Platform that makes enablement meet execution, one deal, one rep and one team at a time. #askellaDesigning and creating a new model where enablement meets execution. A system that allows sales people to be HEROS for their customers by becoming problems solvers. www.esellas.com Using innovative technologies, sound principles and great people at the center of it all, we are building a better way to align the buying and selling between companies and organizations. Removing fear and friction by enabling trust. This all starts and ends with our System of Sales and Ella Platform that makes enablement meet execution, one deal, one rep and one team at a time.

Helm, Strategic Advisor. Jan 2020 – Present
Advising CEO, CRO and leadership team around Go-To-Market strategy for relaunch of disruptive SaaS solution in the issue and advocacy arena. Advising CEO, CRO and leadership team around Go-To-Market strategy for relaunch of disruptive SaaS solution in the issue and advocacy arena.

Civis Analytics, Chief Revenue Officer. Sep 2017 – Jun 2019
I led Civis’ revenue generation, customer success and applied data science consulting teams, as the Chief Revenue Officer. Created revenue growth of 46% and software growth over 100% YoY. Recruited world-class talent at the VP level for Sales, Marketing and Applied Data Science client delivery teams.

As a growth stage company – I was hired as the first CRO to transition consulting led company into product and recurring revenue led, hyper scale solution provider. Together with new CTO, responsible for creating new product strategies, initial market and client selling motion and finding product and go-to-market fit…while achieving sales and revenue goals. I led Civis’ revenue generation, customer success and applied data science consulting teams, as the Chief Revenue Officer. Created revenue growth of 46% and software growth over 100% YoY. Recruited world-class talent at the VP level for Sales, Marketing and Applied Data Science client delivery teams.

Hewlett Packard Enterprise, Various Exec Mgmt Roles over Nine Years.
Responsible for sales, portfolio transformation and delivery engagements with CPG clients (including P&G, Mondelez, KraftHeinz and others). Led relationship transformation, co-innovation, ongoing productivity improvements and increased operations stability across the entire enterprise. Responsible for a significant R&D budget to develop and launch new market offerings focused in the open-sourced data and graph domains, as well as cloud-ERP platforms.

First industry to deploy scaled RPA/AI technology and business processes for order management and supply chain prescriptive decision tools.Responsible for sales, portfolio transformation and delivery engagements with CPG clients (including P&G, Mondelez, KraftHeinz and others). Led relationship transformation, co-innovation, ongoing productivity improvements and increased operations stability across the entire enterprise. Responsible for a significant R&D budget to develop and launch new market offerings focused in the open-sourced data and graph domains, as well as cloud-ERP platforms. First industry to deploy scaled RPA/AI technology and business processes for order management and supply
chain prescriptive decision tools.

Focused Go-To-Market offering development within a parnter-enabled ecosystem (including SAP, Oracle, IBM, Autonomy, Microsoft and others) that was focused on the manufacturing, engineering, supply chain, repair and overhaul and corporate applications and systems. Leveraging HP’s investments in Hybrid Computing Platforms, Applications Development , Enterprise Security and Information Optimisation – across the entire life cycle and services arrangements with our Manufacturing Sector customers in the discreet and process manufacturing areas and engineering services.

Won over USD $1.25B worth of new and renewal work in nearly 4 years. Responsible for managing account management, delivery, sales and solution teams accountable for the overall business performance and customer experience. Focused Go-To-Market offering development within a parnter-enabled ecosystem (including SAP, Oracle, IBM, Autonomy, Microsoft and others) that was focused on the manufacturing, engineering, supply chain, repair and overhaul and corporate applications and systems. Leveraging HP’s investments in Hybrid Computing Platforms, Applications Development , Enterprise Security and Information Optimisation – across the entire life cycle and services arrangements with
our Manufacturing Sector customers in the discreet and process manufacturing areas and engineering services.  Won over USD $1.25B worth of new and renewal work in nearly 4 years.

Mike Klaus

MIKE KLAUS

Director

I focus on helping other business leaders achieve their dreams and goals.
With over 35 years’ experience in senior executive roles in Technology, Professional Services, and Consulting I’ve driven exceptional business results in both challenging and high growth environments. I led several company integrations and large-scale turnarounds by focusing on a practical and results oriented approach to business change and technology adoption.

By fostering a performance-based environment and holding everyone accountable for results the CEOs I partner with recognize my ability to skillfully handle complex situations and deftly break down problems into digestible solutions that drive growth.

At CEO Coaching International, I work with the world’s top entrepreneurs, CEOs, and companies utilizing my experiences to help them dramatically grow their business, develop their people, and elevate their overall performance.

I have a deep passion for creating a performance-based environment and enabling leaders to build teams that are accountable for results. Specifically, I enjoy creating valuable long-term relationships
with clients and partners and have been recognized by clients for the ability to skillfully handle complex situations and deftly break down challenges and opportunities into digestible parts and solutions that
drive growth and margin enhancement.

Partner, CEO Coaching International. Sep 2020 – Present
CEO Coaching International is the leading coaching firm for growth-focused CEOs and entrepreneurs. We work with the world’s top entrepreneurs, CEOs, and companies to dramatically grow their business,
develop their people, and elevate their own performance.

Chief Executive Officer, Performance Pathfinders LLC. Apr 2019 – Present
Working with senior leadership teams to create and implement executable plans to achieve business results through the adoption of emerging technologies and business process. Ensuring that strategic objectives are aligned to prioritized performance initiatives. We engage to drive results leveraging leadership principles through to technology adoption. Working with senior leadership teams to create and implement executable plans to achieve business results through the adoption of emerging technologies and business process. Ensuring that strategic objectives are aligned to prioritized performance initiatives. We engage to drive results leveraging leadership principles through to technology adoption.

SoftServe, Member Of The Board Of Advisors. May 2019 – Present
DXC.technology, Hewlett Packard Enterprise Services and EDS through various mergers and acquisitions. Held various Executive Management and Officer positions. 2004 – 2018.

Constructed entire product development, engineering, sales and advisory teams to support revenue, growth and cost objectives.Leading the turnaround and growth of DXC $4B Applications Business with the merger of HPES and CSC. – Led sales IMO team creating the new model for sales and driving over $100m in synergy savings – Developed Application strategy and rationalized all solutions and offerings across both entities – Created new sales and advisory teams globally, implementing new model across all regions – managing full P&L from strategy and offering creation through to global delivery centers – Constructed entire product development, engineering, sales and advisory teams to support revenue, growth and cost objectives.

Grew HP/HPE’s industry focused technology and outsourcing business from $1.1B to $1.7B while increasing EGM from 14% to 32% over 6 years. Managed a diverse portfolio of client accounts across the Consumer, Retail and Transportation industries through multiple acquisitions and divestitures – Led the $1.7B portfolio of clients meeting or exceeding targets for 16 consecutive quarters – Improved margins and portfolio mix by leading growth into applications and BPS business – Drove 15pt. improvement in traditional ITO business through contract restructure – Managed the renewal of over $7.5B in contracts while improving operating performance.

Bryan Mason

BRYAN MASON, Esq.

Director

Mr. Mason is the employee representative on Amphitrite’s Board of Directors. He is a former Chicago attorney who has moved to the Caribbean and became a charter boat captain. Based out of St. Thomas, Virgin Islands, he currently runs tour boat charters for Seas the Day Charters. His unique experience in both the legal and boat charter industry is of tremendous value to Amphitrite.

Bryan is a U.S. Coast Guard Licensed Captain, Master 50 GMT. He captains M/V Aquarius, a 30’ Wellcraft monohull. His day charter activities include snorkeling, sightseeing, cruising, floating, beach bar hopping, touring the St. John National Park shoreline, and visiting several floating restaurants and remote islands in the USVI.

Bryan was formerly a Litigation and Estate Planning Attorney, Chicago IL. He held positions with several leading law firms in Chicago over 10 years including Sidley Austin LLP, Hoogendoorn & Talbot LLP, and Levin Schreder & Carey PC. Experience in product liability litigation, estate planning, tax planning, trust and probate administration, guardianship, premarital representation.

Education
DePaul University College of Law, Master of Laws (LL.M.), Taxation

Indiana University School of Law–Bloomington, Juris Doctor (J.D.)

University of Notre Dame, Bachelor of Arts (B.A.), Theology and Philosophy

Each year of operation, Amphitrite has successfully decreased the percentage of revenue through Online Travel Agencies and increased our online, direct revenue at a lower cost of sales while still achieving overall sales growth.

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In 2021, 61% of our revenue came through direct, online sales. The high percent of online direct sales continues to grow and is inverse to our competitors and industry.

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