Established Kids Educational Mobile App Profitable, Remote
Asking: $18,000,000 TTM Revenue: $3,139,702 TTM Net: $2,851,671
OPPORTUNITY DECK
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Established Kids Educational Mobile App - Profitable, Remote*Under Contract.Established Kids Educational mobile gaming app for children between the ages of 3-13 with over 50 million downloads and 250,000+ 5 star reviews across all platforms.One of the key strengths of this business is its recurring revenue model that boasts a staggering 95% of total revenue. With millions of non-paying users it offers a large, untapped pool of prospective paid subscribers.Boasting a notable client list including Amazon, Contixo, and Clevertouch paired with 85,000 active subscribers has projected revenues on track to exceed $3.3M in ARR for 2023. The opportunities for growth are massive as the majority of users come in organically.This business could be a great fit for an existing educational business looking to expand their footprint in the early childhood education sector or a strategic acquisition into the US market.
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DETAILS:
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Established in 2010
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Over 48 million downloads
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250,000+ 5 star reviews
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85,000 active subscribers
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95% recurring revenue
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$3.3M in revenue projected for 2023
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Notable clients: Amazon, Contixo, Clevertouch
GROWTH OPPORTUNITIES:
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Paid user acquisition
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Improve retention/ churn
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Offer additional languages
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Sell directly to schools
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Increase sales to vendors/ preload hardware