Coded, Inc

5790 Hoffner Ave #507, Orlando, FL 32822

Orlando, Florida, United States

Edit
Address
City: Orlando
Neighborhood: Countryside
State: Florida
Postal Code: 32822
Country: United States

Business facts

Estimated annual revenue~$2.5M
Estimated employees~2
Annual payroll (2021)~$441.5K
Based on reported payroll data

Area statistics (32822)

Population68,321
Median household income$51,555
Source: US Census ACS

About

Coded, Inc is a technology solutions company based in Orlando, Florida, founded in 2013 by CEO Eduardo Herrera. With over 20 years of experience in corporate housing and serviced apartments software, Coded specializes in providing custom technology solutions to empower clients to incorporate current technology into their business while maintaining their own identity.

Wheelchair Accessible
Parking, Yes
Categories: Software Company.
ISIC Codes: 4741.

Market analysis

Earning above its category median in a growing category (Software Company).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$1.9M2019
~$1.8M2020
~$2.0M2021
~$2.3M2022
~$2.4M2023
~$2.5M2024
Modeled from category averages for the region+6.0%/yr since 201980% confidence band: ±68%

Property

Lot size4.83 acres
ZoningORG-C-3
CountyOrange
Assessed value$4.6M (land $9.0)
On this lotshared with 25 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL advance grant (2020)$7.0K · 7 jobs reported
EIDL disaster loan (2020)$150.0K
PPP loan (2020)$68.3K · 7 jobs reported · implies ~$327.7K annual payroll · $69.1K forgiven
Second PPP loan (2021)$92.0K · 7 jobs reported · $92.7K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Florida7,504~$25.8B~$3.5M~$1.0M5.0★2.5×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure80 chains expanding in this category, led by T-Mobile, Walmart Connection Center, Att (+4,166 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)343~$680.0M~$2.0M~$759.0K2,042~$165.0M3.3×
Wholesale and retail trade; repair of motor vehicles and motorcycles46~$143.5M~$3.1M210

1 km area (all businesses): median from the 289 of 343 businesses with estimates

Estimate

Area conditions (32822)

Population68,321 ±4,112
Median household income$51,555 ±$2,626
Median home value$205,300
Bachelor's degree or higher0.3%
Unemployment rate0.1%
Source: US Census ACS
Edit Business