Japanese RPG mobile game monetized mainly through rewarded video ads plus in-app purchases, with server costs of only about $18 a month. Sold for JPY 1.75M (about $11.7K) on Rakko M&A, roughly 7 months of revenue.
Japanese RPG Mobile Game changed hands at a 0.7× profit multiple, below the 2.5× median of the 95 deals in this database that disclosed both price and profit. Multiples below the median usually point to risk the buyer priced in: churn, dependence on a single channel or a business that still needed its founder.
The $11,667 sale price puts it in the lower half of the 547 deals with a disclosed price here, where the median is $21,000. 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 64 Mobile App exits, and the ones that disclosed a price sold at a median of $5,400. 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.
See how this compares across the market on our market stats page, or browse more Mobile App exits.
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Language learning app for commuters
Stock Alarm was a mobile app that phones users with call alerts when a chosen stock makes significant price moves; it grew to hundreds of thousands of users and sold for 500,000 dollars to Center Mark Capital via Acquire.com in 2023.
Bootstrapped indie studio that built AI-powered beauty and effects mobile apps, growing via App Store Optimization (ASO) and organic installs before exiting on Acquire.com.