Flip 360 — Investor Memorandum

1 · Cover & Confidentiality

This document is the institutional investor memorandum for Flip 360, a provable-attribution and commission-settlement platform incorporated in Australia. It has been authored by CoSai CFO Services on behalf of the Founder, Mathew Punter, Founder — Flip 360, for distribution to invited investors only.

The capital strategy is a staged raise. Round 1 — described in this memorandum — is a $500,000 pre-seed at a $4.0M valuation cap, sized to AI-blended operating burn. Round 2 — indicative — is a $2,000,000 Series Seed at Month 12, re-rated on milestone-gated traction.

This memorandum does not constitute an offer to sell or a solicitation of an offer to buy any security. Distribution to any person other than the intended recipient is prohibited. Recipients should obtain independent legal, taxation, and financial advice before making any investment decision. Figures marked with a yellow highlight are editable in-browser by the Founder; edits persist locally in the recipient's browser session only.

2 · Executive Summary

Flip 360 is the second leg of every working Australian's business.

Every working-age Australian participates in this market as a referrer or a recipient, but we size it from the supply side — the 831.6K licensed professionals across 18 referral-active verticals (mortgage brokers, tax agents, conveyancers, building inspectors, financial advisers, insurance brokers, and twelve more) who currently do the referring. Built bottom-up profession-by-profession (Q × F × P, sourced from regulator and peak-body publications), the commission value flowing through Australia's referral economy is $2.3B per annum in TAM, $1.4B in serviceable SAM. See Section 5 for the full worksheet; see Section 17.5 for the 23-source bibliography.

Flip 360 captures that value. The platform records every referral as a hardware-signed event in an append-only chain (Merkle-anchored), generates an ATO-compliant Recipient-Created Tax Invoice (RCTI) at settlement, and pays the commission via Stripe Connect — automatically, every time, with a verifiable audit trail that satisfies the ATO, AUSTRAC, and the auditor.

The structural cost advantage. A traditional human-only SME build of this platform — engineers, lawyers, compliance consultants, GTM hires — would cost a Year-1 sponsor approximately $1,870,500. Flip 360 delivers the same scope for $500,000 via an AI-blended workforce — AI drafts the legal pack, writes the compliance controls, and builds and maintains the tech stack, while admitted lawyers review and sign off and CoSai CFO Services PMOs the governance and audit-grade evidence. The result: a 73% structural cost saving ($1,370,500) versus the traditional benchmark, with no compromise on quality, regulatory posture, or audit-grade evidence. See Section 7 for line-by-line workings.

The regulatory moat. AUSTRAC threshold reporting, ATO RCTI register integration, AU data residency, append-only Merkle-anchored chain — each harder to replicate than the software itself. 12% of this pre-seed raise ($60,000) is allocated to legal & compliance from day one, buying Flip 360 a twelve-month lead time on any prospective Big-4 build-vs-buy decision.

The staged-raise structure. Round 1 is a $500,000 pre-seed via SAFE at a $4.0M cap (12.5% dilution at cap, 20% discount). It funds 12 months of milestone-gated traction. Round 2 — indicative — is a $2,000,000 Series Seed at Month 12, priced equity, modelled at $10M–$12M pre-money on demonstrated traction. Pre-seed investors win twice: a ~3× paper re-rate at seed conversion, and modelled returns of approximately 62× at the low end of the 5-to-7-year exit band.

3 · The Problem & The Insight

The problem

The Australian referral economy is enormous and almost entirely unpaid. A tradie who sends a sparkie three jobs a month creates real economic value for that sparkie — and receives nothing in return except, occasionally, a beer. A mortgage broker who introduces a client to a conveyancer creates real fee revenue for the conveyancer — and that introduction is not on a chain, not on a tax invoice, and not on a bank ledger.

Three structural reasons this market has remained unaddressed:

• The RCTI problem. Paying commission to a non-employee Australian requires a Recipient-Created Tax Invoice. RCTIs are non-trivial — GST treatment, ABN verification, ATO registration. No platform has yet solved this at scale for high-volume, low-value referral payments.
• The attribution problem. Who actually made the introduction? In a courtroom, in an audit, or in a dispute, "Sally said she sent the client" is not evidence. Flip 360's hardware-signed handshake chain is.
• The trust problem. Referrers fear the recipient won't pay. Recipients fear paying for referrals that didn't really happen. The result is a Mexican standoff in which nobody pays anybody, and the entire informal market remains undeveloped.

The insight

"Active income alone is hopping on one leg. Add passive income and every step you already take pays you again. Same hours. Two incomes."

Flip 360 is not asking working Australians to change their behaviour. They already make these referrals. Flip 360 is putting a chain underneath the behaviour they already do — and a payment rail that settles when the deal closes. The product question is not "will they refer?" The product question is "can we capture the referrals they were always going to make?"

4 · The Solution

Flip 360 is a Cloudflare-edge web platform built on Hono, TypeScript, and D1 (SQLite, AU-resident). The full architecture is documented at cosaiflip360.org/architecture with C4 Level 1, 2, and 3 diagrams.

Core platform capabilities

1. Hardware-bound member enrolment — WebAuthn passkeys, Apple Secure Enclave, Android StrongBox. The signature is the same hardware that authorises Apple Pay.
2. Append-only referral chain — every handshake (intent, acknowledgement, outcome, settlement) is hash-linked and Merkle-anchored hourly to an external notary. The chain is the source of truth.
3. Deterministic commission engine — a rate-card DSL takes a chain-complete referral event and computes the split between referrer, recipient, and the 1% platform fee. Pure function. Fully testable. Auditable.
4. Stripe Connect settlement — application-fee-amount model with idempotency keys on chain-event ID. A retried call cannot double-charge. Webhooks verify every state change.
5. Automatic RCTI generation — ATO-compliant PDF, per-member ABN/GST treatment, emailed to the receiving party on settlement. No manual admin.
6. Real-time chain explorer — auditor and regulator personas can verify any referral end-to-end. No PII exposure; selective disclosure.

What's already built

A working demonstration of the platform is live at cosaiflip360.org. The demonstration includes: marketing surface, member portal (/me), admin ERP (/app), payouts loop (/app/payouts), chain explorer (/chain), 5-minute live demo (/demo), 7-step interactive walkthrough (/walkthrough) with Australian voice-over narration, and the full enterprise architecture blueprint.

What is not yet built — and is what this raise funds — is the production platform: real member enrolment, real Stripe Connect integration, real RCTI generation against the ATO register, real AUSTRAC reporting, real Merkle anchoring of the chain to an independent notary, and the legal pack (T&Cs, Privacy Policy, Member Agreement, RCTI Consent).

5 · Market Size

How we sized the market. Every working-age Australian is part of this market as a referrer or a recipient. We size it from the supply side — the 831.6K licensed professionals across 18 verticals who currently do the referring — because that is where the commission flows and where it can be measured. We build TAM bottom-up, profession by profession, using the simple equation Q × F × P: the number of practitioners in each referral-active vertical (Q), times the average number of external referrals each gives or receives per year (F), times the average referral fee or commission per referral (P). The pool that result describes is the referral-fee dollars flowing through Australia each year — the precise pool Flip 360's platform take rate sits on top of. Every Q figure marked ✓ is sourced from a regulator or peak-body publication; figures marked ● are transparently modelled from multiple secondary sources with the derivation shown. Footnote numbers link to the Sources & References bibliography (Section 17.5).

5.1 · TAM — Total Addressable Market (bottom-up by profession)

5.2 · From TAM → SAM → SOM

5.3 · Three SOM scenarios — what Flip 360's Year-5 revenue looks like

What this model deliberately excludes. Reciprocal referrals between law firms (Legal Profession Uniform Law restricts these to disclosure-only, no $ flow); cash-economy referrals (un-bankable); and any vertical without a public regulator or peak-body register (we will not size a market we can't audit). If you want us to extend the model to specific verticals (e.g. NDIS providers, MTAA members, dental practices), we can add them — each with its own Q×F×P derivation.

6 · Business Model & Unit Economics

Flip 360's revenue model is a platform take rate on every commission processed.

7 · AI-Blended Workforce Economics

Headline. A traditional human-only SME workforce — engineers, lawyers, compliance consultants, GTM hires — would cost Flip 360 approximately $1,870,500 in Year 1. The AI-blended workforce — AI builds, humans review and govern — delivers the same scope for $500,000. The delta of $1,370,500 (73%) is the structural cost advantage of operating Flip 360 with CoSai CFO Services as PMO.

The operating principle. AI does the build, AI does the drafting, AI does the maintenance. Humans — admitted lawyers, certified compliance consultants, security reviewers — verify, sign off, and provide regulator-facing accountability. CoSai CFO Services provides the PMO layer: governance, quality assurance, audit-grade evidence, and CFO oversight on every dollar deployed. Quality of output is held constant. Only the workforce composition changes.

Side-by-side workings — by bucket

Tech stack — build & 12-month maintenance

Legal & compliance pack

The regulator-facing items (AUSTRAC AML/CTF sign-off, ASIC AFSL exemption opinion) are deliberately deferred to the Series Seed round and not pre-seed funded. The pre-seed legal pack covers everything required to onboard the first 1,000 members and process $1M GMV under the existing low-risk classification. Regulator-facing senior counsel sign-offs are funded by Round 2 when the volume justifies them.

GTM & member acquisition

Why the saving is structural, not promotional

Three reasons the cost advantage compounds, not erodes:

1. AI-workforce cost curves are deflationary. Subscription costs for Claude, GPT, specialist agents, and AI tooling decline year-over-year in real terms. Human SME hourly rates inflate. The gap widens over time.
2. The CoSai PMO layer is fixed-cost, not variable. $5k/month covers PMO oversight whether Flip 360 ships one feature or fifty. Per-feature delivery cost trends to zero as the AI workforce scales.
3. Quality is regulated by human review, not human production. An admitted lawyer reviewing AI-drafted T&Cs in 4 hours produces work of equal legal quality to one drafting from scratch in 40 hours, at 1/10th the cost. The artefact is identical; the workflow is different.

CoSai CFO Services warrants that all AI-drafted artefacts within the pre-seed scope are human-reviewed by appropriately qualified persons before release. Quality assurance is documented and audit-grade. The cost advantage is delivered by changing the workforce composition, not by lowering the standard of output.

8 · Traction

Flip 360 is a pre-revenue, pre-member-enrolment platform with the following demonstrable credibility moments:

• Signed engagement with CoSai CFO Services (the author of this memorandum). CoSai is engaged on an ASX-grade build-and-operate mandate. The signed engagement is itself the first commercial commitment.
• Live high-fidelity demonstration platform at cosaiflip360.org — marketing surface, ERP, member portal, chain explorer, 5-minute live demo, 7-step narrated walkthrough, and full enterprise architecture blueprint.
• Enterprise architecture authored to ASX-grade: C4 Level 1, 2, 3 diagrams, 12-entity D1 data model, complete trust posture, compliance position, NFRs. See /architecture.
• Brand and narrative locked: 40-second hero film, master script, eight canonical platform claims, complete visual identity system.

Note for the founder: any waitlist signatures, letters of intent from trade bodies (MFAA, ANMF, MTAA), or pilot-member commitments should be added to this section before distribution. This is the single highest-value insertion the founder can make to this memorandum.

9 · Competition & Moat

Adjacent operators

• LinkedIn ProFinder / ServiceSeeking / Hipages — lead-generation marketplaces. Take introduction fees, not referral commissions. Different commercial structure; not direct competitors.
• Mortgage-broker aggregator software (AFG, Loan Market, Connective) — vertical-specific. Doesn't generalise across professions.
• Affiliate-marketing platforms (Impact, Commission Junction, Awin) — built for e-commerce, not professional-services referrals. No RCTI, no AUSTRAC posture.
• Informal channels (cash, beer, "I owe you one") — Flip 360's true competitor. The strategy is not to displace these channels but to capture them.

The moat

Flip 360's defensibility is not the software stack — that can be replicated. The moat is:

1. Regulatory position: ATO RCTI integration, AUSTRAC low-risk classification, AU data residency, ASIC compliance — each takes 6–12 months for a new entrant to replicate.
2. Network density per vertical: once Flip 360 reaches critical mass in a single vertical (e.g., mortgage broker → conveyancer in Sydney metro), the chain becomes the de facto referral rail for that vertical. Network effects compound.
3. The chain itself: an append-only, hardware-signed, Merkle-anchored referral chain is genuinely novel in this category. Flip 360 holds 12 months of head-start IP development on this surface alone.

10 · Team

Founder

Mathew Punter — Founder & CEO. Founded Flip 360 to capture the referral economy hiding inside every working Australian's day. Operator background. Owns the majority of the cap table pre-pre-seed.

CFO Services Partner & PMO

Carla Oliver — CFO, CoSai CFO Services. Engaged by Flip 360 as institutional CFO + PMO for the AI-blended workforce. CoSai's role is governance, quality assurance, audit-grade evidence, and CFO oversight on every dollar deployed. Carla authored this memorandum, the enterprise architecture blueprint, the brand system, the financial model, and the AI-blended cost economics. CoSai will continue to provide outsourced CFO + PMO services through Series A.

The AI workforce

Flip 360's effective Year 1 team is augmented by an AI workforce of specialist agents — engineering (Claude / Cursor / Genspark), legal (specialist legal-AI subscriptions), compliance (SOC2 control-library AI tooling), content (AI content engine), QA (AI test agents). All AI output is reviewed by appropriately qualified human reviewers before release. The workforce composition is documented and audit-grade.

Planned human hires (this pre-seed raise)

• GTM Lead — engaged Month 4 part-time, full-time post-Series Seed. Vertical partnership strategy (MFAA, ANMF, MTAA), member acquisition, founder-led conversion support.

Planned human hires (Series Seed — Month 12+)

• Operations & Compliance Lead — AUSTRAC reporting, ATO liaison, member support, dispute resolution. Deferred to seed round; pre-seed coverage by CoSai + AI agents.
• Senior engineering hire — once AI-driven build is in steady-state, a senior engineer joins to own platform reliability and accelerate scale.

Advisors (to be confirmed)

Founder is actively building a small advisory board with regulatory, fintech-payments, and vertical-market expertise. Investor introductions welcome.

11 · Financial Model — Summary

The full interactive financial model is available at /investors/financial-model, including sensitivity sliders and Excel export. The summary below shows the base case.

Growth rates of 8× → 3.75× → 2.5× → 2.3× are institutional-grade fintech curves, decelerating from a small base — which is what real growth looks like. Path to operating break-even is modelled at Year 3.

12 · Use of Funds — Human-Only vs AI-Blended

Every cost bucket in this raise is presented side-by-side. The Human-only column is the institutional benchmark — what a traditional SME workforce would cost for the same scope. The AI-blended column is what the $500,000 pre-seed actually buys. The delta is the structural cost saving — visible, defensible, line by line.

Tech stack — build & 12-month maintenance — $50,000 (10% of raise)

CoSai 3-month engagement ($15k cash + $5k AI credits) + $3k/mo AI workforce (Claude / Cursor / Genspark / specialist agents) × 9 months + Cloudflare edge + human SME security review.

Human-only benchmark: $880,000. AI-blended cost: $50,000. Saving: $830,000 (94% reduction). See Section 7 for line-by-line workings on the build, legal/compliance, and GTM buckets.

Legal & compliance pack — $60,000 (12% of raise)

AI-drafted T&Cs / privacy / RCTI memo / SOC2 controls / member agreement / director duties pack, reviewed by admitted fintech lawyer (review-only retainer 25 hrs). Human SME for AFSL exemption opinion, AUSTRAC AML/CTF sign-off, and broker-placed insurance.

Human-only benchmark: $225,500. AI-blended cost: $60,000. Saving: $165,500 (73% reduction). See Section 7 for line-by-line workings on the build, legal/compliance, and GTM buckets.

GTM & first 1,000 members — $175,000 (35% of raise)

AI-driven content engine, vertical-partnership BD (MFAA / ANMF / MTAA — human-led), paid acquisition (AI-optimised), founder-led conversion. Human GTM Lead engaged from Month 4.

Human-only benchmark: $375,000. AI-blended cost: $175,000. Saving: $200,000 (53% reduction). See Section 7 for line-by-line workings on the build, legal/compliance, and GTM buckets.

Team — founder runway + GTM Lead (Month 4+) — $140,000 (28% of raise)

Founder at sustainable rate for 12 months. GTM Lead hired Month 4 on part-time engagement, full-time after seed. Ops & Compliance Lead deferred to post-seed (handled by CoSai + AI agents pre-seed).

Human-only benchmark: $280,000. AI-blended cost: $140,000. Saving: $140,000 (50% reduction). See Section 7 for line-by-line workings on the build, legal/compliance, and GTM buckets.

Working capital & contingency — $75,000 (15% of raise)

12-month runway buffer covering Stripe Connect float, AUSTRAC filing fees, ASIC registrations, ATO RCTI registration, contingency for unforeseen compliance items.

Human-only benchmark: $110,000. AI-blended cost: $75,000. Saving: $35,000 (32% reduction). See Section 7 for line-by-line workings on the build, legal/compliance, and GTM buckets.

Note on the staged structure. The pre-seed funds 12 months of milestone-gated traction. Items that require senior-counsel sign-off (AUSTRAC AML/CTF program, ASIC AFSL exemption opinion) are deliberately deferred to the Series Seed round when volume and revenue justify the spend. The pre-seed legal pack covers everything needed to onboard the first 1,000 members and process $1M+ GMV under the existing low-risk classification.

13 · Staged-Raise Roadmap & Milestone Gates

This is a staged raise. Round 1 — the pre-seed described in this memorandum — funds a 12-month milestone schedule. Round 2 — the Series Seed at Month 12 — re-rates on demonstrated traction. Pre-seed investors win twice: once on the SAFE discount and cap at conversion, again on the higher pre-money at Series Seed.

The 12-month milestone schedule

Series Seed gating criteria (Month 12)

The Series Seed unlocks when all four of the following conditions are met:

1. $1M+ GMV processed through the platform (proves commission economics).
2. 1,000+ active members across 6-10 vertical partnerships (proves network effect).
3. AUSTRAC + ATO RCTI + ASIC compliance live and audit-trail demonstrable (proves regulatory moat).
4. LTV/CAC > 4× with audited unit economics (proves the model).

Two-round cap-table walk — indicative

Pre-seed investor returns

Three return scenarios for a $50,000 pre-seed cheque at the $4.0M cap:

Returns are illustrative, modelled on SAFE conversion mechanics and the modelled exit valuation band. Actual returns depend on Series Seed pricing, subsequent dilution, exit timing, and exit multiple at acquisition.

14 · The Raise — Terms

Round 1 — Pre-seed (this document)

The SAFE instrument is selected for speed of close (no priced-equity legal complexity), defers cap-table formalisation to the Series Seed priced round, and gives pre-seed investors their reward via the 20% discount and the $4.0M valuation cap. At Series Seed conversion, pre-seed investors convert at the lower of (a) the Series Seed price minus 20%, or (b) the $4.0M cap — whichever produces more shares.

Minimum cheque size: AUD $25,000. Lead investor preference: a single lead of AUD $150,000+ with the balance syndicated across a small group of high-conviction angels, family offices, and strategic operators.

Round 2 — Series Seed (indicative · Month 12)

The Series Seed is indicative only and contingent on Flip 360 achieving the milestone gates set out in Section 13. The re-rate from the $4.0M pre-seed cap to a $10M–$12M Series Seed pre-money is consistent with demonstrated AU fintech traction at the $1.0M+ GMV / 1,000+ member threshold. Pre-seed investors receive ~3× paper appreciation at Series Seed conversion.

The staged-raise rationale. A single $1.5M seed at this stage would over-dilute the founder (~20%) and price the round on assumption, not traction. The staged structure halves dilution in Year 1 (12.5%), buys 12 months of milestone-gated runway at AI-blended burn, and lets Round 2 re-price on proof. This is the most capital-efficient path to Series A.

15 · Risks & Mitigations

16 · Exit Thesis

Exit horizon

Modelled at 5–7 years from this raise, contingent on Flip 360 reaching $42M+ ARR.

Likely acquirers — three tiers

1. Tier 1 — Big-4 Australian banks (CBA, Westpac, NAB, ANZ). Need member-graph data and broker-referral capture. CBA's x15ventures unit has actively acquired in adjacent spaces. A bank acquiring Flip 360 buys an AUSTRAC-compliant, RCTI-certified, hardware-signed referral chain that they could not build in under 18–24 months internally.
2. Tier 2 — ASX-listed fintech (Block/Afterpay, Tyro, Zip). Adjacent payment + commerce networks. A payments operator acquiring Flip 360 adds a new SKU (referral payments) to an existing merchant base.
3. Tier 3 — Global referral / network operators (LinkedIn, SEEK, REA Group, Hipages). Talent + service-economy adjacency. A network operator acquiring Flip 360 monetises an existing user graph with a new revenue stream.

Comparable transactions

• Afterpay → Block (2022): AUD $39B
• Tyro IPO (2019): AUD $1.36B
• Prospa IPO (2019): AUD $610M
• OFX (formerly OzForex) IPO (2013): AUD $480M

Modelled exit valuation

At $42M ARR by Year 5, at a defensible 6–10× revenue multiple (consistent with AU fintech precedents above), the modelled exit valuation is $250M – $420M.

On a $500k pre-seed at the $4.0M cap, the modelled return to pre-seed investors at the low end of the exit band is ~62×; at the high end, materially more. Series Seed investors at the modelled $11M pre-money receive approximately ~15× at the low end of the exit band.

17.5 · Sources & References

Every numeric input in Sections 5 (Market Size), 6 (Business Model & Unit Economics) and 7 (AI-Blended Workforce Economics) is sourced or modelled with the derivation shown. Where a figure is regulator-published or peak-body-published, this section provides the live URL, publication date, and the specific finding the source establishes. Where a figure is modelled, the model row's footnote shows the triangulation method.

All URLs verified accessible on the date of memo compilation. Recipients are encouraged to verify each source independently. If a source URL changes or is withdrawn, the published cite-date enables retrieval via archive.org or the publisher's archive.

Numbered bibliography

1. [1] Tax Practitioners Board, Annual Report 2024-25 — TPB (Tax Practitioners Board), 30 June 2025.
   https://www.tpb.gov.au/annual-report

   63,865 registered tax practitioners (46,900 tax agents + 16,965 BAS agents) at 30 June 2025.

2. [2] MFAA Industry Intelligence Service, 19th Edition — Mortgage & Finance Association of Australia, June 2025 (covers Apr–Sep 2024).
   https://www.mfaa.com.au/wp-content/uploads/2025/06/J001366_MFAA_IIS19_Document_FA2.pdf

   22,265 mortgage brokers; broker channel 74.6% of new home loans (Sept 2024 qtr).

3. [3] MFAA Broker Remuneration Factsheet — Mortgage & Finance Association of Australia, March 2025.
   https://www.mfaa.com.au/wp-content/uploads/2025/03/Broker-Remuneration-Factsheet_060325.pdf

   Upfront commission 0.65–0.70% of loan amount; trail 0.165–0.275%.

4. [4] ARNECC — Conveyancing Practitioners directory — Australian Registrars’ National Electronic Conveyancing Council, Accessed 2026.
   https://www.arnecc.gov.au/resources/links/conveyancing_associations/

   State conveyancing licensing structure; QLD/ACT lawyers-only.

5. [5] Public register of licensed conveyancers — Consumer Affairs Victoria — Consumer Affairs Victoria, 16 October 2025.
   https://www.consumer.vic.gov.au/licensing-and-registration/conveyancers/public-register

   VIC licensed conveyancer count (~2,700).

6. [6] Real Estate Services in Australia — IBISWorld + REIA — IBISWorld / Real Estate Institute of Australia, August 2024.
   https://www.reia.com.au/

   44,940 real estate businesses; ~142,000 real estate professionals.

7. [7] Commercial Real Estate Agents in Australia — IBISWorld — IBISWorld, 2025.
   https://www.ibisworld.com/australia/number-of-businesses/commercial-real-estate-agents/5173/

   7,934 commercial real estate businesses (2025).

8. [8] ASIC Financial Advisers Register — Australian Securities & Investments Commission (via Moneysmart), March 2025.
   https://moneysmart.gov.au/financial-advice/financial-advisers-register

   15,558 ASIC-registered financial advisers (March 2025).

9. [9] National Insurance Brokers Association — About — NIBA, Accessed 2026.
   https://niba.com.au/who-we-are

   14,000 individual insurance brokers/ARs across 380+ firms.

10. [10] ACCC Submission — Independent Review of the 2022 Insurance Brokers Code of Practice — Australian Competition & Consumer Commission, April 2025.
    https://www.accc.gov.au/system/files/accc-submission-independent-review-2022-insurance-brokers-code-practice.pdf

    Base commission 15–20% common; incentive payments can exceed 30% of premium.

11. [11] 2024 National Profile of Solicitors — Law Society of NSW / Urbis, 13 June 2025 (data: October 2024).
    https://www.lawsociety.com.au/sites/default/files/2025-06/2024%20National%20Profile%20of%20Solicitors%20-%20Final.pdf

    97,500 practising solicitors in Australia (October 2024).

12. [12] Building Inspectors (ANZSCO 312113) — Occupation Profile — Jobs and Skills Australia, April 2026 release.
    https://www.jobsandskills.gov.au/data/occupation-and-industry-profiles/occupations/312113-building-inspectors

    6,300 employed as Building Inspectors (ANZSCO 312113, primary occupation).

13. [13] Pool Safety Inspectors Register — Queensland Open Data — Queensland Building and Construction Commission, 1 August 2024.
    https://www.data.qld.gov.au/dataset/poolsafetyregister/resource/a345195c-5175-4a7e-8696-e277deb21cc0

    QLD licensed pool safety inspector register (~1,000 licensed in QLD).

14. [14] OSCA 2024 v1.0 — Unit Group 3122 Construction and Safety Inspectors — Australian Bureau of Statistics, 2024.
    https://www.abs.gov.au/statistics/classifications/osca-occupation-standard-classification-australia/2024-version-1-0/browse-classification/3/31/312/3122

    Occupation classification framework for inspectors (residential + commercial + safety).

15. [15] Total Value of Dwellings, December Quarter 2025 — Australian Bureau of Statistics, 10 March 2026.
    https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/total-value-dwellings/latest-release

    Mean residential dwelling price A$1,074,700; underpins avg referred-sale value.

16. [16] Our Industry — Master Builders Australia — Master Builders Australia (citing ABS), June 2025.
    https://masterbuilders.com.au/about-us/our-industry/

    462,939 construction businesses operating across Australia (June 2025).

17. [17] Everyday ethics: Competency in referrals — InTheBlack — CPA Australia, 26 June 2025.
    https://intheblack.cpaaustralia.com.au/ethics-and-governance/everyday-ethics-competency-in-referrals

    Accountant → mortgage broker referral fee norm: 50% of upfront broker commission.

18. [18] OMARA Register of Migration Agents — Office of the Migration Agents Registration Authority, Accessed 2026.
    https://portal.mara.gov.au/search-the-register-of-migration-agents/

    Searchable register of all registered migration agents (RMAs).

19. [19] REBAA — About — Real Estate Buyers Agents Association of Australia, October 2025.
    https://rebaa.com.au/about/

    ~140 REBAA-accredited buyers’ agents; total industry incl. non-members ~1,400-1,800.

20. [20] How much does a conveyancer cost? 2025 guide — OpenAgent — OpenAgent, 25 June 2025.
    https://www.openagent.com.au/blog/how-much-conveyancer-cost

    Average conveyancing fee A$1,050–$1,875 (state-blended).

21. [21] How much does a building inspection cost in 2025? — OpenAgent — OpenAgent, 16 April 2025.
    https://www.openagent.com.au/blog/much-building-inspection-cost

    Residential building inspection $200–$500; pest+building combined $550–$900.

22. [22] Real Estate Referral Fees Guide 2026 — Propphy — Propphy, 27 February 2026.
    https://www.propphy.com/blog/real-estate-referral-fees-guide-2026

    Real estate agent referral fee norm: 25% of agent commission.

23. [23] 50 real estate statistics every agent should know — PropertyMe — PropertyMe (citing IBISWorld), 26 August 2020 (industry baseline).
    https://www.propertyme.com.au/blog/property-management/real-estate-statistics-for-agents

    ~41,000 property managers employed in Australia (IBISWorld 2020 baseline).

Note on accountant numbers. CPA Australia reports 170,000+ members globally; CA ANZ reports 120,000+ members (AU + NZ); IPA reports 50,000+ members. Significant overlap exists with the TPB register. To avoid double-counting, Section 5 uses the TPB-registered population (63,865 at 30 June 2025) as the audit-defensible figure for accountants able to issue RCTIs.

Note on construction trades. The 450,000 figure for referring trades is a working estimate derived from the Master Builders & ABS total of 462,939 construction businesses (June 2025). It captures sole-traders and small partnerships with cross-referral relationships; it deliberately does not represent all construction-industry employees.

18 · Appendix

• Enterprise Architecture — /architecture — C4 L1/L2/L3 diagrams, 12-entity data model, NFRs, trust posture.
• Solution Architecture (L3) — /solution — granular component-level architecture.
• Live demonstration platform — cosaiflip360.org — marketing surface, ERP, member portal, chain explorer.
• 5-minute platform tour — /demo — curated click-through of working ERP screens.
• 7-step narrated walkthrough — /walkthrough — with Australian voice-over and the chain-of-handshakes climax.
• FAQ (34 institutional questions) — /faq.
• Brand & visual identity — /#the-film — 40-second hero film.
• Interactive financial model — /investors/financial-model — sensitivity sliders, Excel export.
• Investor What-If Simulator — Market Sizing tab — /investors/financial-model#tab-market — live Q×F×P sliders for all 18 verticals.

Contact

For further discussion, due diligence access, or to schedule a founder meeting:

Mathew Punter — Founder, Flip 360
via Carla Oliver, Principal, CoSai CFO Services
[email protected] · 0403 809 040 · www.cosaicfo.com