Profitable Mobile App for Sale in Toronto, Canada
|Employees||2 - 5|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 410 thousand|
|Run Rate Sales||USD 420 thousand|
|EBITDA Margin||40 %|
|Local Time||4:40 AM America / Chicago|
|Listed By||Business Owner / Director|
- We are a group of professionals who develop apps for photo and video editing.
- Our apps have around 4 million downloads.
- We generate revenue based on a subscription model, usually the plans have a weekly term.
- Number 1 apps for many keywords in app store, especially in the United States.
- Company financials and taxes are updated, we have our own source code and technology.
- Valuation is a bit high because the company has more than USD 429 thousand yearly revenue and high gross profits.
Have a portrait photo editing app, video editing app where users can add music and photo editing app for general purposes.
We own USD 300 thousand which is invested in the stock market, and proprietary technology / source code but no physical assets.
We are currently a remote team, we had a main office in Bangladesh, but after Covid-19, all team members are working from home.
Earlier than 15 daysDirector, London, M&A Advisor connected with the Business