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Contador de Moedas e Notas

Mobile AppAd-supported app 2021

Brazilian mobile app for counting cash in BRL, USD and EUR, with saved records and PIN protection, earning about $360 a year from AdMob. Sold in February 2021 through IndieMaker to a US buyer for $630, roughly 1.75x annual earnings.

Financial Data

Asking Price
Undisclosed
Sale Price
$630 USD
Monthly Revenue (MRR)
$30/mo
Annual Revenue (ARR)
$360/yr
Monthly Profit
N/A
Profit Multiple
N/A
Revenue Multiple
1.8×

Exit Analysis

Priced against revenue rather than profit, Contador de Moedas e Notas sold at 1.8× annual revenue, below the 2.3× median across the 263 deals with a disclosed revenue multiple. Revenue multiples run higher than profit multiples because they ignore the cost of running the business, so they are only comparable between businesses with similar margins.

The $630 sale price puts it in the bottom quarter of the 608 deals with a disclosed price here, where the median is $20,000. Most indie acquisitions cluster well under the headline numbers founders read about, which is exactly why a real distribution is more useful than an average.

This database tracks 76 Mobile App exits, and the ones that disclosed a price sold at a median of $4,900. Category matters more than founders expect: buyers apply different discount rates to a content business, a mobile app and a B2B tool even at identical revenue.

From founding to sale took 3.0 years. The deal closed through IndieMaker, one of 2 exits in this database that went the same route. Time to exit is a decent proxy for how built-to-sell a business was: shorter, cleaner processes usually mean documented operations and fewer surprises in due diligence.

See how this compares across the market on our market stats page, or browse more Mobile App exits.

Exit Timeline

Founded
2018
Time to Exit
3.0 years
Exit Date
February 2021
Platform
IndieMaker

Founder

L
Lucas Barzan
Source
Other