Finomini
Pass. The business shows minimal cash flow with an annual revenue of only $24 and no profit.
- •Monthly revenue stated as $2 but annual revenue is $24, indicating low cash flow.
- •Annual profit is listed as $0, which raises concerns about sustainability.
- •SDE multiple of 333.29 is excessively high given the low revenue and profit.
- •The app has no verified downloads or user engagement metrics, suggesting limited traction.
Finomini is a personal finance app available for sale, designed to track expenses and provide financial overviews. The listing includes $15,000 in Azure credits and $2,000 in AWS credits.
Financially, the app generates an annual revenue of only $24, with no profit reported, indicating significant challenges in cash flow.
This opportunity may appeal to buyers looking for low-cost entry points, but the lack of revenue and user engagement suggests a high-risk investment.
Interested buyers should conduct thorough due diligence and consider the app's potential for growth and monetization strategies.
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