Intersted in investing? TTM $3.82M in revenue and $2.86M in Profit.

searcher profile

April 15, 2024

by a searcher in London, UK

Hi everyone,

This is my first post, however been quite active for the past week in this exciting community. Been a self-funded searcher for the past 8 months, I have an opportunity that I'd like to pitch to investors or lenders willing to come on board:

App with over 100 million downloads and 1.5 million daily active users, generates revenue primarily through advertising, and has demonstrated the following performance:

TTM $3.82M in revenue and $2.86M in Profit.

2021 vs 2020: 1010% revenue growth, 984% profit growth 2022 vs 2021: 38% revenue growth, 35% profit growth 2023 vs 2022: 6.15% revenue growth, 24.45% profit growth

I'm proposing an offer in the region of $8 million, representing approx. just 2.09x revenue and 2.80x profit - well below industry standards for a business of this caliber.

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commentor profile
Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
Welcome to the community. I would be happy to have a discussion and see if we can provide any assistance from a financing perspective. You can reach me here or directly at redacted
commentor profile
Reply by a searcher
in Rindge, NH 03461, USA
Lucas, I see you are in Italy. Is the deal in Italy also?
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