This 4-year-old AI photo SaaS portfolio is asking $1.2M on $1.56M in TTM revenue, putting it below 1x revenue despite reported annual growth of 80%.

The numbers: The portfolio reports $1.56M in TTM revenue, $350K in SDE, an 88% gross margin, and approximately $790K in ARR. At the asking price, that works out to about 0.8x revenue and 3.4x SDE, with a 22.4% SDE margin.

How it works: The sale includes two subscription-based B2C products: an AI dating-photo tool and an AI professional-headshot generator. They share the same technology platform and proprietary datasets, with a combined social audience of more than 370K followers.

The seller situation: Founded in April 2022 and based in France, the company has a reported team size of 2–20. The listing describes the operation as automated, but does not disclose weekly founder involvement, individual team responsibilities, or whether detailed SOPs are included.

Worth asking: How are revenue, SDE, ARR, customer acquisition costs, and churn split between the two products and how dependent is each brand on the founders, paid acquisition, and shared technology?