Established Kids Educational Mobile App - Profitable, Remote

Sold
Written By Knapsack

Ttm Revenue
$2,954,432

TTM NET
$2,851,671

Sale Price
$15,000,000

Closed January 2024

Sold Within 4.5 Months

 

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.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.

Details:

  • Established in 2010

  • Over 48 million downloads

  • 250,000+ 5 star reviews

  • 85,000 active subscribers

  • 95% recurring revenue

  • Notable clients: Amazon, Contixo, Clevertouch

Growth Opportunities:

  • Paid user acquisition

  • Improve retention/ churn

  • Offer additional languages

  • Sell directly to schools

  • Increase sales to vendors/ preload hardware

Knapsack http://www.knapsackcreative.com
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