Agarwal: AppKnox generates $70K monthly gross margin and $10K operating profit
Harshit Agarwal · Mobile Security SaaS Hits $1.7m ARR, Huge Profits, Growing 100% YoY · Apr 11, 2022 · at 16:21
Harshit Agarwal, co-founder and CEO of mobile security platform AppKnox, breaks down the company's monthly margins and operational profitability.
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“Overall our gross margin is roughly around 70,000 dollars while our operating profit is roughly around 10,000 dollars.”
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More from Harshit Agarwal
Agarwal: Unilever uses AppKnox to secure over 600 global mobile apps
“It's an FMCG, world's biggest FMCG brand. What is that? Unilever. I can name it. So they have offers of 600 mobile apps that, that is spread across the globe and they have applications focused on region specific and different places.”
Agarwal: Roughly 50% of AppKnox sales reps hit quota
“So I think roughly around 50% of the reps are able to hit their quotas.”
Agarwal: AppKnox annual enterprise pricing averages roughly $20,000 per customer
“So yeah, per, per customer it's roughly around 20,000 dollars. But when I said. 10 to a hundred, I mean, number of apps. So there are enterprises who have got upwards of a hundred apps. I'm talking about fortune, find it companies who have got multiple brands,…”
Agarwal: AppKnox has a customer paying upwards of $250,000 per year
“We have a customer who's paying us offers of two 50,000 dollars a year.”