Boutique Scale Smaller studio with 2-10 employees but notable revenue between 10M and 25M suggests high-value, boutique commercial projects. Upsell opportunities include premium photography services for tech, entertainment, and community-focused campaigns, along with retainer-based engagements for ongoing imaging needs.

Tech-Driven Imaging Positioned in high-technology and entertainment spaces, Splash Studios can target clients requiring advanced digital imaging capabilities, 3D renderings, post-production, and visual effects support for product launches, events, and promotional content.

Strategic Partnerships With a lean team, there is potential to partner with larger agencies or studios (given the list of comparable firms) to win joint projects in photography, creative direction, and integrated media campaigns, expanding reach without increasing headcount.

Industry Targeting Opportunity to pursue clients in tech hardware, software, and entertainment sectors that demand high-quality imagery for marketing, product photography, and AR/VR assets, leveraging Splash’s specialization in digital imaging and technology-forward work.

Revenue Growth Levers Consider expanding service offerings to include ongoing retainer agreements, licensing of images, and scalable packages for events and corporate communications to convert project-based revenue into steadier, year-round income.