Absolute Ideas

Absolute Ideas s.r.o. is an outsourcing company specializing in developing bespoke IT and VR solutions for its clients. The company provides a wide range of services, from purely software-based solutions to complex systems involving both software and hardware components. This flexibility allows Absolute Ideas s.r.o. to meet the diverse needs of clients across various industries while maintaining a strong focus on innovation and client satisfaction.

The company’s operations are centered around the design, development, and deployment of advanced IT systems and VR solutions. Its methodology follows a structured yet flexible approach:

1. Analysis and Strategic Planning: Absolute Ideas s.r.o. begins every project with a comprehensive analysis of the client’s existing infrastructure, goals, and challenges. This allows the company to craft a detailed strategy for implementing tailored solutions that enhance efficiency, automate processes, and achieve measurable results.
2. Development of Custom Solutions: The company specializes in creating bespoke software and IT systems. This includes developing enterprise-grade applications, cloud-based platforms, and VR-enhanced tools for training, simulation, or interactive marketing. Each solution is designed to align with the client’s operational workflows and long-term objectives.
3. Integration and Deployment: Absolute Ideas s.r.o. ensures that its solutions integrate seamlessly with the client’s existing systems. This minimizes disruption and maximizes the value delivered. The company’s expertise in server configuration, database management, and API integration underpins its ability to handle even the most complex implementation scenarios.
4. Ongoing Support and Maintenance: The company provides post-deployment support to ensure system reliability and scalability. Regular updates, performance monitoring, and troubleshooting are included as part of long-term service agreements, reinforcing client trust and satisfaction.

The company primarily relies on an in-house team of full-time employees to ensure consistent quality and alignment with its strategic goals. It invests heavily in the development of its IT team, recognizing that its people are its most valuable asset. While most tasks are handled internally, the company collaborates with trusted contractors for non-critical activities, allowing it to maintain focus on its core operations.

The company has demonstrated impressive financial growth, with a significant increase in revenue driven by its VR activities. Key financial figures are: 

The Czech IT market represents a dynamic and growing sector, driven by the increasing adoption of digital technologies across industries. In 2024, the Czech IT services and software market was valued at approximately €4.5 billion, with an expected annual growth rate of 6–8%. Public and private investments in digital infrastructure, automation, and custom IT solutions are fueling this growth, supported by government-backed initiatives to digitize public services and promote innovation among local businesses.

The European IT market, by contrast, is significantly larger, with a valuation of approximately €425 billion in 2024 and a projected compound annual growth rate (CAGR) of 5.5% through 2030. EU policies promoting green and digital transitions, such as the European Green Deal and the Digital Decade Strategy, are further accelerating the region's IT investments. Key sectors driving demand include finance, healthcare, retail, and manufacturing, which continue to prioritize software development, cloud solutions, and data management for enhanced efficiency and user engagement.

The VR Market in Czechia and Europe

The Virtual Reality (VR) market is a rapidly expanding segment within the IT industry. In Czechia, the VR market was valued at approximately €45 million in 2024, with an anticipated annual growth rate of 10–12%. Education accounts for 25% of the market, focusing on immersive learning and professional training. Healthcare contributes 20%, driven by applications such as surgical simulations and rehabilitation tools. Corporate training represents 30%, leveraging VR for employee skill development and real-world scenario simulations. The entertainment sector holds 15%, while the remaining 10% includes niche applications like virtual tourism and architectural visualization. Increasing adoption across these areas drives growth. Additionally, government-funded innovation programs and academic research partnerships are creating opportunities for local VR developers. Additionally, government-funded innovation programs and academic research partnerships are creating opportunities for local VR developers.

Across Europe, the VR market is projected to grow from €3.8 billion in 2024 to €9 billion by 2030, with a CAGR of 15.5%. 

Absolute Ideas s.r.o. plans to strengthen its presence in Czechia and neighboring European markets, including Slovakia, Poland, and Austria. By tailoring IT and VR solutions to regional demands, the company aims to secure additional contracts with corporate clients, educational institutions, and government agencies. These markets provide significant opportunities for growth through digital transformation initiatives and increasing adoption of VR technologies.

Workforce Expansion and Optimization

Currently, Absolute Ideas s.r.o. employs approximately 40 specialists, including designers, project managers, analysts, testers, and developers across various disciplines. This talented team has been instrumental in achieving the company’s impressive growth in 2024. To sustain its trajectory, the company plans to:

• Double its workforce to at least 74 employees in 2025. This expansion will prioritize hiring project-execution staff, such as developers and VR specialists, while reducing the proportion of non-billable personnel.
• Ensure at least 60 employees are directly involved in client project delivery, optimizing the company's productivity and revenue-generating capacity.
• Enhance internal training programs to upskill employees and maintain competitive service quality.

The company’s expenses have risen significantly in parallel with revenue growth, reflecting deliberate reinvestments:

• Employee Development: Enhanced training programs to upskill staff and meet the growing demand for advanced IT and VR services.
• Global Marketing and Networking: Participation in 64 industry events and exhibitions across Europe, North America, Africa, and the MENA region during 2023–2024, driving brand recognition and client acquisition.
• Infrastructure Expansion: Investments in state-of-the-art VR hardware and software platforms, as well as IT infrastructure to support complex, high-value projects.

Net profit margins remain modest due to the company’s reinvestment strategy:

• 2022: €2,807.16
• 2023: €4,428.20
• 2024: €10,000.00

While profit growth has been gradual, the company’s focus on long-term scalability and capability building positions it well for future profitability. Key factors influencing margins include high initial costs for market expansion, talent acquisition, and R&D investments.

With a robust market position in Czechia and a substantial contract in the MENA region, the company plans to:

• Reduce investments in conference-based marketing, particularly for the Czech market, where organic client acquisition is more feasible.
• Focus on delivering the high-value contract with Qatar PetroTec Solutions LLC, which will test the company’s operational and delivery capabilities.
• Reinforce its digital presence by revamping its website to emphasize VR solutions, the company’s most profitable and impactful service.

Financial Impact:

• The Qatar contract accounts for an additional €2,638,270 in 2025 revenue, making the MENA region a cornerstone of the company’s growth strategy.
• Successfully executing this contract will reinforce the company’s reputation and open doors to further opportunities in the region.

Absolute Ideas s.r.o. plans to secure external financing to execute its largest strategic contract to date with Qatar PetroTec Solutions LLC. The project involves the development and delivery of a comprehensive program and hardware system (PHS), including VR equipment, servers, software, and VR training movies for the oil and gas sector. The total loan amount of €630,000 will enable the timely procurement and implementation of required technologies and resources.

• Loan Amount: €630,000
• Interest Rate: 15%
• Term: 14 months

The loan will be disbursed in three equal tranches of €200,000 each (excluding the last one), primarily allocated to the procurement of equipment:

1. First Tranche  €200,000:  Procurement of the first portion of server equipment and VR systems, as part of a phased equipment acquisition plan.
2. Second Tranche €200,000:  Continued payments for server and VR equipment procurement.
3. Third Tranche €230,000:  Final payments for server and VR equipment procurement and logistical arrangements.

Successfully executing this contract will reinforce the company’s reputation and open doors to further opportunities in the region.

Overview of Collateral: Absolute Ideas s.r.o. presents a well-structured collateral package to secure the €630,000 loan required for executing its strategic contract with Qatar PetroTec Solutions LLC. The collateral primarily consists of high-value, high-liquidity hardware assets and the company’s robust cash flow

​Total Equipment Value (Market Price): €1,226,516.

Breakdown of Assets:

• Server Equipment: High-performance servers from Dell and HP, designed for enterprise-level IT infrastructure.
• VR Hardware: State-of-the-art VR headsets, including models from Meta, HTC, and Varjo, tailored for immersive training solutions.
• Mobile Devices: Tablets and laptops necessary for client operations and project implementation.
• Peripheral Equipment: Networking systems and accessories to ensure seamless system integration.
• Resale Potential: The hardware is globally recognized and maintains strong market demand, with an estimated resale discount of no more than 15%.

Cash Flow Support:

• Monthly Revenue: Approximately €300,000.
• Net Profit: Ranges between €30,000 and €60,000 monthly, providing an additional layer of repayment security.