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iOS App LED Light Strip Controller

iOS App LED Light Strip Controller
Listing ID
L#20240780
Target Price
$1,975,000
Revenue
$661,416
EBITDA
$420,536

Description

Available for acquisition is an app that provides controller capabilities for LED light strips. The app was launched in November 2022 and is iOS only.

NOTE – Financials shown are run rate based on the most recent three month average. TTM financials are $531,295 revenue and $371,317 profit.

Keypoints

  • MRR = $53,939
  • 4.6 Stars with 8.6K Ratings
  • 70K+ installs/month last three months
  • DAU = 1,966 (averages 1,500 – 2,000)
  • MAU = 33,500
  • All revenue is from subscriptions & IAP
  • 23 months of history

Basic Details

Listing ID
L#20240780
Country
United Arab Emirates
Industry
Internet Businesses
Deal Status
Available
Reason for Selling
Seller owns multiple apps and periodically exits some to raise capital to invest in new projects. ABB has sold an app for them in the past and they currently also have three other apps for sale.
Target Price
$1,975,000
Revenue
$661,416
EBITDA
$420,536
Revenue Multiple
2.99x
EBITDA Multiple
4.7x

M&A Middle Market Advisory Deal Tombstones 2024

AdvisorDeals
MergersCorp M&A International21
Keith Advisory17
GCG9
JP Morgan41
Jefferies23
Lazard26
Goldman Sachs30

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