Rapid Market Growth Drops has established itself as a leading player in the language learning app industry, with a strong presence on iOS and Android, and a ranking as Google Play's 2018 App of the Year, indicating significant user engagement and market penetration.

Expanding Product Portfolio The recent launch of three new apps namely Scripts, Droplets, and First suggests opportunities to upsell or bundle additional products targeting different learner segments, from casual users to more dedicated language enthusiasts.

Strategic Acquisition Becoming part of the Kahoot! family in late 2020 not only provides access to broader distribution channels but also positions Drops to leverage Kahoot's educational ecosystem, facilitating potential joint offerings or corporate licensing prospects.

Revenue Potential With an estimated revenue between $500 million and $1 billion and a modest team size, Drops demonstrates high revenue efficiency and scalability, opening avenues for enterprise-level licensing deals and partnerships with educational institutions.

Technology and Content Innovation Drops' use of engaging visual-based learning games and continuously expanding language options, including Icelandic, indicates a focus on innovative content delivery, creating opportunities for tailored corporate training solutions and specialized language programs.