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But we saved everything 🙂.
Andrew Gazdecki, founder and CEO at MicroAcquire, reports that an AI art and video generation app has achieved 50 million downloads and reached the number one spot in over 100 countries, all without any advertising spend.
The app generated $1.4 million in trailing twelve months revenue, $883,000 in profit, and has an annual recurring revenue of $924,000. The business is featured as a banger listing on Acquiredotcom.
Gazdecki has previously highlighted a white-label crypto exchange platform for SMBs reporting $796,000 in trailing twelve months revenue and $138,000 in profit. He also covered a Shopify SaaS business for returns and exchanges that achieved $437,000 in annual recurring revenue and $171,000 in profit. Each business was profiled with detailed financial performance metrics.