Shopify App startup
Sweden
$255k ARR Shopify Upsell App. 143% YoY Growth, 97% Gross Margin, Built for Shopify.
Asking Price
$950k
Multiples
7.2x SDE
The asking price divided by trailing twelve-month Seller's Discretionary Earnings (SDE).Learn more about multiples
5.1x revenue
The asking price divided by TTM gross revenue.Learn more about multiples
Asking Price Reasoning
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
$187.7k
last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
$131k
last 12 months net profit
Last Months Revenue
Total gross revenue last month.
$20.8k
last month gross revenue
Last Months Profit
Total net profit last month.
$16.6k
last month net profit
Customer metrics
Customers
Total unique customers who have made a purchase.
101-250
Customers
ARR
The total recurring revenue over the last full month, annualized (MRR × 12). Excludes one-time fees and variable usage revenue.
$255k
ARR
Annual Growth Rate
The percentage change in revenue over the last 12 months compared to the previous 12 months.
+143%
Annual Growth Rate
Churn Rate
The percentage of paying customers lost over the last 12 months.
3-5% stable
Churn Rate
Company overview
Date Founded
February 2024
Team Size
Small (2-20)
Business Model
- Subscription
- Business-to-business (B2B)
Tech Stack
- Shopify
- React
- CSS
- Node.js
- Cloudflare
- HTML
- TypeScript
Growth Opportunities
- Hire a sales team
- Focus on SEO
- Improve conversion rates
- Increase content marketing
- Increase digital marketing
- Social media marketing
- New product features
- Increase pricing
Competitors
- UpCart
- Rebuy
- Monster Cart
Key Assets
- Codebase
- Trade names
- Domain
- Brand
- Social media accounts
- Customers
- Website
Acquisition details
Selling Reasoning
- Financial gain
- Starting a new venture
Financing
- Bootstrapped