The Ledger
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Patro: SignEasy has surpassed 4M downloads and 130k paid users
“Right now, we have over four million downloads, and out of that, we have over 130,000 paid users.”
Patro: 40% to 45% of SignEasy paying customers are subscription users
“Around around 40 to 45% of them are subscriptions, and the rest are one-time page-a-go users.”
Patro: SignEasy's Pro plan drives 80% to 90% of subscriptions
“So our most popular plan is the pro plan. They pay four to five dollars per month per user. And that's around, I would say, out of our subscription user base, that's probably around you know, 80 to 90% of our subscriptions are actually pro subscriptions.”
Patro: SignEasy MRR is slightly below $200K
“No, it should be like somewhere lower than 200 K, but in that order.”
Patro: SignEasy has under $5M ARR and grows high double digits
“Yeah, but we are still at a sub five million dollar revenue. At this point. And we have grown high double desert year over year for the last three years.”
Patro: SignEasy is fully bootstrapped and growing profitably
“It's actually completely bootstrapped and we have just built a lean team that That just continues to, you know, create innovative products on the mobile and the web. And so far we have been fortunate to grow profitably.”
Patro: Over 50% of SignEasy revenue originates from the US
“More than 50% of revenue comes from the US.”
Patro: SignEasy is lowering annual customer churn to 30-40%
“At this point, Sineasy is in the higher end of that. But there are specific measures we have taken. Which is actually bringing us low, closer to 30 to 40% year over year churn.”
Patro: 100% of SignEasy subscriptions are billed annually
“No, we have for us, it's, a hundred percent is annual.”
Patro: SignEasy average customer lifetime is 24 to 32 months
“At this stage it is, at this stage it is probably more in the ballpark of 24 to 32 months. Lifetime value of the user in number of months,”
Patro: SignEasy spends nothing on paid user acquisition
“So we actually don't do any paid user acquisition yet.”
SignEasy generates approximately 60,000 App Store downloads per month
“So we get somewhere around 60, 60,000 downloads a month from App Store.”