Mobile startup
United Kingdom
Consumer subscription app that builds user credit scores with a unique lending product.
Asking Price
$2M
Multiples
20.0x profit 1.5x revenue
The asking price divided by TTM net profit and TTM gross revenue.Learn more about multiples
Asking Price Reasoning
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
$1.3M
last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
$100k
last 12 months net profit
Last Months Revenue
Total gross revenue last month.
$100k
last month gross revenue
Last Months Profit
Total net profit last month.
$13k
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.
+5%
Annual Growth Rate
Paying Users
The number of users on a paid plan.
5,000+
Paying Users
Company overview
Date Founded
May 2017
Team Size
Small (2-20)
Business Model
- Direct-to-consumers (DTC)
- Business-to-consumer (B2C)
Tech Stack
- React Native
- Ruby on Rails
Growth Opportunities
- Increase pricing
- Increase digital marketing
- Increase content marketing
- Focus on SEO
- New product features
- Expand to new markets
Competitors
- Loqbox
- Canopy
- CreditLadder
Key Assets
- Brand
- Customers
- Mobile application
- Codebase and IP
Acquisition details
Selling Reasoning
Financing
- Venture capital
- Angel investment