$3,000 MRR, $300 a month in costs, up 20% in 6 months, 5% monthly churn, 2 years old, 15 hours a week from you.
- Yearly profit: $32,400
- Health score: 78 out of 100, so grade A: the Mailchimp of SaaS.
- Multiple: 2.9x to 3.8x a year of profit
- Price range: $94k to $125k
- Biggest lever: Grow revenue 50% over the next 6 months.
Every grade, and who you're like
- A+ (score 85+): Apple. Customers who don't switch, and about 47 cents of gross profit on every dollar.
- A (score 72 to 84): Mailchimp. Never took VC money, then sold to Intuit for about $12B in 2021.
- B (score 58 to 71): Basecamp. Small, bootstrapped and profitable for over 20 years. Nobody's in a rush.
- C (score 44 to 57): MySpace. Everyone remembers you. It sold for $580M in 2005 and $35M in 2011.
- D (score 30 to 43): BlackBerry. Owned the work phone, then stopped making its own phones in 2016.
- F (score 0 to 29): Blockbuster. Filed for bankruptcy in 2010 while streaming took its customers.