MemoDiligence
OneNine
Confidential · FAQ

For sale

Frequently asked questions.

Companion to the acquisition memo. Covers financials, customers and contracts, operations, customer lifecycle, and business structure.

Note on entity vs. brand: OneNine Design LLC is the legal entity being sold. Perfect is the parent brand that OneNine spun out of in January 2026. References to "Perfect" in historical sections refer to the company that operated the WordPress book prior to the spinout.

Core financials

Q1

Industry breakdown of the customer base and ARR by segment.

SectorARRCustomers
Healthcare & Wellness$144,00014
Professional & Business Services$120,60014
Media, Sports & Entertainment$106,80013
Consumer Retail & Wholesale$92,60011
Manufacturing & Industrial$90,6008
Construction & Real Estate$81,60011
Non-Profit & Government$75,0008
Food, Beverage & Agriculture$66,0004
Consumer Services$50,0008
Technology & Telecom$40,2005
Financial Services$36,6005
Transportation & Logistics$36,0004
Education & Training$27,6004
Energy & Utilities$6,0001
Total$973,600110
Q2

Customer and revenue churn over the past 12 months.

MonthMRR lostCustomers lost
Apr 2026$1,3002
Mar 2026$4,3006
Feb 2026$5502
Jan 2026$3,9177
Dec 2025$1,5003
Nov 2025$5,51712
Oct 2025$00
Sep 2025$1,7003
Aug 2025$2,4505
Jul 2025$3,4506
Jun 2025$1,5003
May 2025$1,0002
Total (12 mo)$27,18451

Churn cohort may include a small number of non-WordPress customers.

Q3

Concentration: share of ARR from the top 5 and top 10 clients.

CohortARR% of ARR
Top 5 customers$197,00020.2%
Top 10 customers$295,40030.3%
Q4

Last 3 years of P&L for the WordPress book.

Perfect operates as a single entity covering WordPress management, design, development, and software work. A 3-year P&L isolated to the WordPress book is not a standard report.

Under NDA we will produce it as a client-level reconstruction — pulling WordPress customer revenue directly and allocating costs against it. Roughly a week to produce.

Revenue recognition is cash basis. The 12-month WordPress revenue trend in Q5 is pulled directly and accurate.

Q5

Revenue trend for the last 12 months from WordPress customers.

MonthTotal income (cash)
May 2025$59,825
Jun 2025$57,551
Jul 2025$51,422
Aug 2025$57,267
Sep 2025$55,572
Oct 2025$74,962
Nov 2025$109,046
Dec 2025$77,650
Jan 2026$143,600
Feb 2026$87,450
Mar 2026$105,350
Apr 2026$87,500
Total (LTM)$967,195

Cash revenue received from WordPress customers in the last 12 months. This is total revenue, not ARR.

Customers and contracts

Q6

Are customers on annual or month-to-month agreements? What is the notice period?

Subscriptions and payments are managed through Stripe. All plans are billed upfront. There is no mandatory notice period — clients can discontinue at any time.

Monthly
79%
Quarterly
5%
Annual
16%
Q7

Hours per month per client, and how many are actively requesting work.

Approximately 6 service hours per WordPress client per month on average.

Based on client activity over the last three months:

  • Clients requesting more than 10 tasks in a 3-month period: 10.91%
  • Clients requesting 10 or fewer tasks in a 3-month period: 89.09%

Most clients maintain moderate, ongoing support and development requirements.

Q8

Customers from Perfect referrals, and continuity of that channel post-close.

Future customers acquired through Perfect referrals will be routed to the new ownership, with Perfect retaining an agreed percentage of sales revenue — currently targeted at 20%.

Since January 2026 the company has signed 12 new WordPress management clients, generating approximately $9,200 MRR and $110,400 ARR. Of these, 9 are on Annual plans and 3 on Quarterly.

Q9

Aged receivables, terms of agreement, and payment automation.

Fully upfront billing across all service plans, so the company generally does not maintain aged receivables. Outstanding balances arise only when a payment fails or a card is declined; the assigned Account Manager then contacts the customer to resolve it.

Q10

Customer age analysis and contract details.

All offerings — Annual, Quarterly, Monthly — operate on an upfront payment model. Clients are billed in advance before services commence. Buckets of support/development hours are also paid upfront and have no fixed expiry.

Operations

Q11

Software in use on the agency side.

Perfect has developed a custom internal dashboard used to manage customer engagement, task tracking, and operational workflows. Both the internal team and clients can view logged hours in real time.

Clients access the dashboard with their own credentials to monitor task progress, submit support tickets, and communicate ongoing requirements. The dashboard also serves as the centralised task management and planning platform — an internal alternative to Jira.

The buyer receives a five-year license to this dashboard as part of the acquisition.

Q12

Hosting and software contracts.

  • Rocket.net — primary website hosting, billed month-to-month.
  • BlogVault — website backups, billed monthly.
  • Toggl — time tracking for client tasks and operations.
Q13

Hosting, plugins, and themes across the book.

Rocket.net is the primary host. Common plugins include Gravity Forms, Elementor, Gravity SMTP, and BlogVault.

Because many client sites were originally developed by third parties, the technology stack, plugins, and themes vary significantly across the portfolio. A portion of clients host on their own infrastructure rather than the company's managed environment.

Q14

Workflow chart, current and future state.

Current operations workflow runs Nathan → Head of Project Management (Salma) → Account Managers → Developers / Designers, with clients interacting through the dashboard.

If the operations team is not retained, this workflow would be managed by the acquirer's team.

Customer lifecycle

Q15

Client onboarding process.

Clients sign up through the website and schedule an onboarding call. Before the call, the team collects the credentials needed to migrate the client's website and completes initial infrastructure setup (e.g., Mailgun, Postmark).

During the onboarding call the client is introduced to their Account Manager along with Nathan or Salma (Head of Project Management). The discussion covers the working relationship, goals for the next several months, communication preferences, and expectations. After onboarding, clients work directly with their Account Manager and manage requests through the dashboard.

Q16

Client escalation flow.

Clients are given direct contact numbers for Nathan, Salma, and their assigned Account Manager for critical situations. Each client dashboard also includes a dedicated emergency button, allowing urgent matters to be escalated quickly.

Q17

Role in proposals, signing, onboarding, and retention.

Nathan takes all inbound sales calls. After each call he sends the prospect an email with a flyer outlining the plans that best fit their needs, then follows up until they close.

Post-signing, day-to-day onboarding and account management is handled by the assigned Account Manager and the Head of Project. Nathan steps back in only for escalations — an emergency, or a situation a client feels is not being handled adequately — meeting with the client directly to resolve the issue.

Business structure

Q18

How is the business structured, and what do the service plans look like?

OneNine Design LLC operates as an S Corporation specialising in website design, development, and ongoing website management services.

Plans are structured around monthly or annual retainers with allocated support and development hours. Standard features — hosting, backups, security, and dashboard access — are included in all tiers. An Account Manager is included in every tier except Hosting/Security.

PlanPriceHoursOverage
Hosting / Security$300 / month
Tier 1 Old Monthly$500 / month5 hrs/mo, no rollover$100/hr
Tier 1 Old Annual$6,000 / year60 hrs/yr, no rollover$100/hr
Tier 1 New Annual$6,000 / year30 hrs/yr, rollover$150/hr
Tier 2$4,500 / quarter30 hrs/qtr, rollover$125/hr
Tier 3$9,500 / quarter80 hrs/qtr, rollover$100/hr

Additional custom plans will be identified in the detailed financials.