Accra, Ghana — [28-12-2016] SamBoad Business Group Ltd has released its consolidated financial report for the fiscal years 2015 and 2016, detailing strong expansion driven by the introduction of a dedicated courier service and a strategic partnership agreement with DHL Express Ghana.

Coming from a modest foundation year in 2014, the business recorded significant operational growth as SamBoad transitioned from a small agency and secretariat services firm into a diversified service provider offering mobile money operations, ticketing, printing, and courier logistics.

2015 FINANCIAL YEAR SUMMARY

Revenue: GHS 42,300

Net Profit: GHS 11,850

2015 Revenue Breakdown

• Mobile Money (MoMo) & Agency Commissions: GHS 19,500

• Secretariat & Printing Services: GHS 8,300

• Travel Ticket Sales Commissions: GHS 5,500

• Insurance (SIC) Agency Commissions: GHS 4,000

• Miscellaneous Income: GHS 5,000

2015 Expenses

• Staff Commission Fee (1 staff @ GHS 250/month): GHS 3,000

• Office Utilities & Supplies: GHS 5,350

• Marketing & Printing Materials: GHS 2,500

• Regulatory Renewals & Business Fees: GHS 1,600

• Operational Contingencies: GHS 1,500

2015 Highlights

• Continued expansion of financial services including mobile money and policy sales.

• Strengthened partnerships with travel agencies and SIC Insurance.

• Started plans to expand into courier logistics after observing strong demand from clients in Madina, Adenta, and Legon.

• Began feasibility studies and negotiations with DHL Express.

2016 FINANCIAL YEAR SUMMARY

A Transformational Year with Courier Launch + DHL Express Agreement

Revenue: GHS 88,750

Net Profit: GHS 23,400

2016 Revenue Breakdown

• Courier Services (New – 1 Motorcycle Operations): GHS 27,500

• Mobile Money & Agency Commissions: GHS 24,900

• Secretariat & Printing Services: GHS 12,350

• Insurance Agency (SIC): GHS 6,500

• Travel & Ticketing Commissions: GHS 9,000

• Other Income: GHS 8,500

2016 Expenses

• Acquisition of First Motorcycle for Courier: GHS 6,800

• Fuel & Routine Maintenance: GHS 3,950

• Rider Commission & Allowances: GHS 4,800

• Staff Commission (1 administrative staff): GHS 3,000

• Office Overheads & Utilities: GHS 6,900

• Branding, Printing & Marketing: GHS 3,200

• Insurance & Compliance Fees: GHS 1,700

• Miscellaneous & Operational Losses: GHS 1,500

2016 Operational Highlights

1. Launch of SamBoad Courier (Delivery Unit)

The company purchased its first official motorcycle, enabling same-day delivery and express movement of small parcels for clients across Accra.

2. DHL Express Partnership Agreement

In 2015, SamBoad secured partnership with DHL Express Ghana, allowing the company to serve as an authorized partner assisting:

• Parcel pickup and drop-off

• Customer processing and tracking support

• Document and parcel movement within Ghana

This alliance significantly elevated SamBoad’s credibility and increased customer demand for logistics services.

3. Expansion of Customer Network

Courier operations attracted clients from:
Madina, Legon, Adenta, East Legon, University of Ghana community, retail shops, SMEs, and individuals requiring reliable delivery.

Statement from the Founder

Samuel Kwame Boadu, Founder & CEO of SamBoad Ventures, noted:

“Our growth between 2015 and 2016 shows what disciplined investment and strategic partnerships can achieve. Introducing our courier services and partnering with DHL Express opened a new chapter for the company. We took a bold step, bought our first bike, and immediately saw how logistics could transform our business. These results encourage us to keep building, keep creating jobs, and keep pushing Ghanaian entrepreneurship forward.”