FormPiper achieves a 20 percent profit margin alongside 37 percent growth
Brad Parker · $225k in MRR with $50k/mo in profits. How this non-tech founder built a bootstrapped SaaS selling to furniture stores. · Aug 12, 2022 · at 19:14
Brad Parker, founder of FormPiper, shares the financial growth and profitability numbers for his bootstrapped retail financing SaaS platform with Nathan Latka.
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“Last year we ran 18% profit across the board with 34% growth. And then this year we're at 20% profit with 37% growth. And that doesn't include adding back, you know, mine and Ryan's salaries.”
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