Voice-to-Text Transcribing App

Mobile app
iOS App that converts audio files to text
Published on
July 24, 2023
Main Metrics
$1,200
ARR
700
Customers
2023
Launched

$50,000

Asking Price
Already Sold
Main Metrics
$1,200
ARR
700
Customers
2023
Launched

Overview

Mobile iOS app with $1,200 Annual Revenue and 700 users. The target audience is entrepreneurs, reporters, and business people. The app helps users to convert audio files on their devices to text, as well as record audio within the application and convert it to text. Users can make their processes easier by using this application for podcasts, meetings, lecture recordings and foreign language learning. I managed to reach $330 in revenue in just 2 months without any marketing. ‍<br>✅ $1,200 Annual Revenue<br>✅ 700 users<br>✅ Business model: In App Purchase<br>✅ Built with React Native, OpenAI API, RevenueCat<br>

$1,200

Annual Revenue

700

Number of Customers

Expenses

$5-$15 OpenAI API.

Business Model

Mobile - In App Purchase ($2.99/weekly - $39.99/year - $79.99/lifetime).

Target Audience

Entrepreneurs, reporters, business people.

Asking Price Reasoning

Standard multiple for revenue and traction this app has.

Reason for Selling

I do not have enough budget to grow this application, I want to focus on another project.

Growth Opportunity

Invest in paid traffic from Google and Facebook ads. Try Apple Search Ads, which can attract users from different countries. At the same time, users who need this application can be found in social media groups.

30 days free support from seller

Competitors

Transcribe - Speech to Text.

Tech Stack

React Native, OpenAI API, RevenueCat.

Traffic Metrics

Revenue Metrics

How it works

Main Metrics
$1,200
ARR
700
Customers
2023
Launched

$4,500

Asking Price
Already Sold
Founder Details
Read the story
Main Metrics
$1,200
ARR
700
Customers
2023
Launched