FIH$989,000
$1,199,999
This app-based SaaS business has existed for more than 5 years with its main business model selling software-service iOS apps in App Store that make money via freemium subscription model. The business is almost 100% automated and doesn't require many people & time to operate but to handle advertising optimization and software maintenance.
Price remains down 25.4%, from $1.33M to $989K, a $336K net drop, for this 8-year-old portfolio of productivity iOS apps.
Timeline: First detected on DealSlide on Jun. 22, 2024. The price fell to $1.02M, rose to $1.43M, then dropped through $1.3M, $1.2M, and now $989K. The latest cut was 17.6%.
The numbers at the current price: Based on $541.5K TTM revenue and $340K TTM SDE, the listing is about 1.8x revenue and 2.9x profit.
On the price changes: The UAE-based portfolio includes freemium productivity apps with revenue from apps, digital products, SaaS, and memberships. FIH lists 5 employees and 100% ownership for sale. The long time on market and uneven price history are the main signals.
The most important question to ask: What caused each price move? Buyers should also confirm whether app-store performance or subscription revenue changed, and review dependence on paid acquisition, Apple policies, renewals, and ongoing product maintenance.
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