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Mobile Startup Bangladesh
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QR scanner & generator app for users to enhance productivity by easily scanning QR codes

P&L Documents (1)Supporting files (4)
Asking Price
$3k
Multiples
1.0x profit
The asking price divided by TTM net profit.
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0.8x revenue
The asking price divided by TTM gross revenue.
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Annual Growth Rate
+20%
TTM Revenue
$4k
Profit
$3k
Last Month's Revenue
$300
Profit
$200

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Bangladesh

QR scanner & generator app for users to enhance productivity by easily scanning QR codes

A versatile app that scans various QR and barcodes and generates multiple barcode formats, featuring a user-friendly interface for easy navigation. Launched after comprehensive market research and keyword analysis.
Asking Price
$3k
Multiples
1.0x profit
The asking price divided by TTM net profit.
Learn more about multiples
0.8x revenue
The asking price divided by TTM gross revenue.
Learn more about multiples
Asking Price Reasoning
For 3 years of successful business in the marketplace, our app is continuously getting a very good number of organic audiences from the store. We have developed the app with latest technologies with clean codebase. You can add features easily. Have created easy method to transfer the app to your own portal. Ad network is already been implemented for your ease of operations and can easily switch to your own network by just replacing the ID values.
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
$4k last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
$3k last 12 months net profit
Last Months Revenue
Total gross revenue last month.
$300 last month gross revenue
Last Months Profit
Total net profit last month.
$200 last month net profit
Customer metrics
Total Downloads
The total number of app downloads to date.
- Total Downloads
Monthly Active Users
The number of unique users active over the last month.
- MAU
App Store Rating
The current average app store rating (out of 5).
- App Store Rating
Annual Growth Rate
The percentage change in revenue over the last 12 months compared to the previous 12 months.
+20% Annual Growth Rate
Paying Users
The number of users on a paid plan.
500-999 Paying Users
Company overview
Date Founded
June 2020
Team Size
Just me (1)
Business Model
  • Freemium
  • Direct-to-consumers (DTC)
  • Advertising
  • Subscription
Our Android application is being hosted in the Huawei App Gallery store where it has achieved over 200,000 downloads and generates revenue through in-app advertising.
Tech Stack
  • Kotlin
Android Framework, Kotlin, Firebase, Google SDK, Android NDK, StartApp SDK
Growth Opportunities
  • Improve conversion rates
  • Increase pricing
  • Increase content marketing
  • Increase digital marketing
  • Expand to new markets
  • Social media marketing
  • Add new product features
  • Test with AD networks
  • Influencer Marketing
  • Organic Audience
With over 1,000 weekly downloads, you can confidently promote this QR scanner tool to your network and on social media. Currently, it generates revenue through the Start.io ad network, but integrating additional networks like Smaato, InMobi, and AdMob could significantly increase earnings. Additionally, considering the sizable user base, incorporating in-app purchases could further boost revenue.
Competitors
  • Other publishers in the store
Key Assets
  • Customers
  • Mobile application
  • Domain
  • Brand
  • Intellectual property
  • Codebase
  • Codebase and IP
Acquisition details
Selling Reasoning
  • Financial gain
  • Lack of time
Focusing on my academic study, can't afford to run a business right at the moment
Financing
  • Bootstrapped
Bootstrapped.

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