SaaS eBook sales & secure fulfillment platform with $351,896 in TTM revenue.
It lets publishers create an online store to sell their ebooks while protecting them from piracy with industry standard DRM (digital rights management) tech.
This highly profitable, 10-year-old SaaS business has a 55% profit margin and 30% growth in 2020 vs 2021 Q1.
✅ $341,896 in TTM revenue
✅ $180,554 in TTM profit
✅ $28,000 in revenue last month
✅ $14,710 in profit last month
✅ Competitors: Gumroad, Vitrium, Locklizard
a little Java on backend
Lots of growth opportunity if you have deep pockets, investors or you can reinvest all of the substantial cashflow for growth.
✅ Development of Mobile Reading apps - would both be a new revenue stream through whitelabeling and allow for great UX improvements to make customers more sticky
✅ More budget towards marketing to scale up growth (current budget is $1k)
✅ Improved eCommerce offerings to make it a more horizontal product
✅ Offer extra publishing and marketing services for ebook authors/publishers
✅ Build more integrations with other publishing technologies
✅ Partnerships and integrations with more eCommerce platforms
✅ Development of proprietary DRM technology
Improve conversion rates
Increase digital marketing
Add new product features
Expand to new markets
Focus on SEO
Codebase and IP
Social media accounts