© 2026 MergersCorp M&A International.
© 2025 MergersCorp M&A International is a global brand operating through a number of professional firms and constituent entities (“Members”) located throughout the world to provide Investment Banking, Corporate Finance, and Advisory Services and other client-related professional services. The Member Firms (“Members”) are constituted and regulated in accordance with relevant local regulatory and legal requirements. For more details on the nature of our affiliation, please visit our Disclaimer: https://mergerscorp.com/disclaimer. MergersCorp M&A International's franchising program is not offered to individuals or entities located in the United States.
The franchising program is offered by MergersUK Limited, a UK Company with its registered office at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
MergersCorp M&A International provides strategic business advisory services, including preparing companies for growth and capital access. Through partnerships with licensed investment bankers, clients can access tailored capital-raising solutions.
U.S. Investment Banking Securities transactions are exclusively conducted by Spektrum Capital Advisors LLC, a Registered Representative of, and Securities Products offered through, BA Securities, LLC, a FINRA-registered broker-dealer. Check the background of investment professionals associated with this site on Broker Check.
Available for acquisition is a globally recognized suite of QR code and barcode scanning applications operating at extraordinary scale across both iOS and Android. Since launching in 2014, the business has become deeply embedded in the daily habits of consumers worldwide, generating a significant independent stream of first-party product scanning and commerce-intent data.
The scale of the installed base provides a substantial competitive moat, with the utility-driven nature of QR and barcode scanning creating a strong organic acquisition baseline and habitual user behavior.
Financial Profile & Profit Optimization
The business generated $16.08M in TTM revenue, primarily through Google AdMob, with reported net profit of approximately $1.7M.
Reported profitability is intentionally constrained by the founders’ aggressive reinvestment strategy. Approximately 89% of revenue is currently reinvested into user acquisition (UA) through a proprietary automated bidding system designed to maximize market share and user growth.
This creates a significant immediate profit optimization opportunity for a new owner. Normalizing UA expenditure to approximately 50% of revenue could potentially unlock approximately $8M of normalized annual profit, subject to validation through financial and operational due diligence.
Proprietary Technology & Automated UA Infrastructure
The technology stack is modern and developed entirely in-house, with the business operating its own proprietary automated bidding and budget-management infrastructure across Google Ads and Apple Search Ads.
The system has been refined over several years and is designed to manage acquisition at significant scale while maintaining positive ROAS. All proprietary technology, source code and UA systems are expected to transfer with the business.
Demonstrated User Retention & Organic Demand
The durability of the installed base is supported by historical user behavior. A legacy iOS application removed from the App Store in 2020 — and subsequently receiving no new downloads or updates — has continued to generate meaningful residual advertising revenue for several years.
This provides evidence of the habitual and persistent nature of scanning behavior, while the strong organic install rate further reduces reliance on paid acquisition.
Lean, Founder-Operated Business Model
The business operates with an exceptionally lean cost structure:
The platform therefore offers a prospective acquirer a highly scalable, asset-light operating model with significant potential for professionalization, monetization expansion and profitability optimization.
HIGHLIGHTS & KEY ASSETS
863M+ lifetime downloads, approximately 39.2M MAU and 2.7M DAU across Android and iOS. Recreating the existing user base through paid acquisition is estimated to require approximately $120M.
The current ~89% UA reinvestment rate materially suppresses reported profitability. Reducing UA spend toward ~50% of revenue could potentially generate approximately $8M in normalized annual profit, creating an immediate cash-flow optimization lever.
Every product barcode scan represents a high-fidelity purchase-consideration signal. With approximately 2.7M DAU, the platform generates a continuous flow of commerce-intent data with potential applications across retail analytics, consumer insights and AdTech.
The platform currently has no premium subscription tier. Converting only 5% of the ~39.2M MAU to a subscription priced at $1.99+ per month could create a substantial recurring-revenue stream.
Affiliate commerce, product discovery and direct commerce integrations represent additional monetization opportunities. Even limited conversion of the existing 2.7M DAU could create a meaningful incremental revenue stream.
More than 96% of advertising revenue currently comes from Google AdMob. Introducing a competitive mediation environment, such as AppLovin MAX or ironSource, could increase monetization efficiency by creating greater competition among demand sources and potentially improving eCPMs.
The business requires only 5–10 hours of combined weekly founder involvement, with no employees, inventory or outsourced development. The transaction is expected to include the source code, proprietary UA infrastructure and automated bidding systems, providing a turnkey platform for a strategic or financial buyer.
© 2025 MergersCorp M&A International is a global brand operating through a number of professional firms and constituent entities (“Members”) located throughout the world to provide Investment Banking, Corporate Finance, and Advisory Services and other client-related professional services. The Member Firms (“Members”) are constituted and regulated in accordance with relevant local regulatory and legal requirements. For more details on the nature of our affiliation, please visit our Disclaimer: https://mergerscorp.com/disclaimer. MergersCorp M&A International's franchising program is not offered to individuals or entities located in the United States.
The franchising program is offered by MergersUK Limited, a UK Company with its registered office at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
MergersCorp M&A International provides strategic business advisory services, including preparing companies for growth and capital access. Through partnerships with licensed investment bankers, clients can access tailored capital-raising solutions.
U.S. Investment Banking Securities transactions are exclusively conducted by Spektrum Capital Advisors LLC, a Registered Representative of, and Securities Products offered through, BA Securities, LLC, a FINRA-registered broker-dealer. Check the background of investment professionals associated with this site on Broker Check.
This website is operated by MergersUS Inc a US Corporation with registered office at





Description
Available for acquisition is a globally recognized suite of QR code and barcode scanning applications operating at extraordinary scale across both iOS and Android. Since launching in 2014, the business has become deeply embedded in the daily habits of consumers worldwide, generating a significant independent stream of first-party product scanning and commerce-intent data.
Scale & User Base
The scale of the installed base provides a substantial competitive moat, with the utility-driven nature of QR and barcode scanning creating a strong organic acquisition baseline and habitual user behavior.
Financial Profile & Profit Optimization
The business generated $16.08M in TTM revenue, primarily through Google AdMob, with reported net profit of approximately $1.7M.
Reported profitability is intentionally constrained by the founders’ aggressive reinvestment strategy. Approximately 89% of revenue is currently reinvested into user acquisition (UA) through a proprietary automated bidding system designed to maximize market share and user growth.
This creates a significant immediate profit optimization opportunity for a new owner. Normalizing UA expenditure to approximately 50% of revenue could potentially unlock approximately $8M of normalized annual profit, subject to validation through financial and operational due diligence.
Proprietary Technology & Automated UA Infrastructure
The technology stack is modern and developed entirely in-house, with the business operating its own proprietary automated bidding and budget-management infrastructure across Google Ads and Apple Search Ads.
The system has been refined over several years and is designed to manage acquisition at significant scale while maintaining positive ROAS. All proprietary technology, source code and UA systems are expected to transfer with the business.
Demonstrated User Retention & Organic Demand
The durability of the installed base is supported by historical user behavior. A legacy iOS application removed from the App Store in 2020 — and subsequently receiving no new downloads or updates — has continued to generate meaningful residual advertising revenue for several years.
This provides evidence of the habitual and persistent nature of scanning behavior, while the strong organic install rate further reduces reliance on paid acquisition.
Lean, Founder-Operated Business Model
The business operates with an exceptionally lean cost structure:
The platform therefore offers a prospective acquirer a highly scalable, asset-light operating model with significant potential for professionalization, monetization expansion and profitability optimization.
HIGHLIGHTS & KEY ASSETS
1. Extraordinary Scale & User Base
863M+ lifetime downloads, approximately 39.2M MAU and 2.7M DAU across Android and iOS. Recreating the existing user base through paid acquisition is estimated to require approximately $120M.
2. Immediate Profit Optimization
The current ~89% UA reinvestment rate materially suppresses reported profitability. Reducing UA spend toward ~50% of revenue could potentially generate approximately $8M in normalized annual profit, creating an immediate cash-flow optimization lever.
3. Massive First-Party Data Asset
Every product barcode scan represents a high-fidelity purchase-consideration signal. With approximately 2.7M DAU, the platform generates a continuous flow of commerce-intent data with potential applications across retail analytics, consumer insights and AdTech.
4. Untapped Subscription Potential
The platform currently has no premium subscription tier. Converting only 5% of the ~39.2M MAU to a subscription priced at $1.99+ per month could create a substantial recurring-revenue stream.
5. Commerce Integration Upside
Affiliate commerce, product discovery and direct commerce integrations represent additional monetization opportunities. Even limited conversion of the existing 2.7M DAU could create a meaningful incremental revenue stream.
6. Ad Mediation Opportunity
More than 96% of advertising revenue currently comes from Google AdMob. Introducing a competitive mediation environment, such as AppLovin MAX or ironSource, could increase monetization efficiency by creating greater competition among demand sources and potentially improving eCPMs.
7. Turnkey Founder-Operated Model
The business requires only 5–10 hours of combined weekly founder involvement, with no employees, inventory or outsourced development. The transaction is expected to include the source code, proprietary UA infrastructure and automated bidding systems, providing a turnkey platform for a strategic or financial buyer.
Basic Details
Target Price:
$ 28,000,000
Gross Revenue
$16,180,000
EBITDA
$8,006,753
Business ID:
L#20261156
Country
United States
Detail
Published on September 14, 2026 at 10:47 am. Updated on September 14, 2026 at 10:47 am