RevenueCat survey of nearly 30K mobile subscription apps: only 17.2% will reach $1,000 in monthly revenue and only 3.5% will reach $10,000 in monthly revenue
Investors know that most startups fail, but something that may be less understood is how few mobile apps actually make money.
“The median monthly revenue an app generates after 12 months is under $50 ...only 17.2% of apps will reach even $1k in monthly revenue...59% of the apps that reach $1k will...reach $2,5k and 60%...that reach $1k will make...$5k...only 3.5%..will reach $10k” https://techcrunch.com…
“only 17.2% of apps will reach even $1,000 in monthly revenue, but after they hit that point, the odds of them growing further increase” once you get something that works, lean in