TradingView Indicator and Backtesting Toolkit
Digital productsIt sells indicators, chart overlays and strategy-testing tools that traders add to TradingView, and revenue grew 120% over the past year.
Ask $8M · Profit $1M · 8.0x · Acquire.com
Oct 27
- Ask
- $8M
- Revenue
- $3.1M
- Profit
- $1M
- Margin
- 32%
- Multiple
- 8.0x
- Age
- 3 yrs (Jan 2023)
- Label
- Worth Studying
- Reason
- Big, profitable and growing fast, but founded in January 2023, too young to rate as a purchase, and 8.0x profit is a steep price.
Why it's interesting
- $1M profit on $3.1M revenue over the last 12 months, a 32% margin, with 120% annual growth reported on the listing page.
- Bootstrapped to 1,000-5,000 customers since its January 2023 founding, with no outside funding to unwind.
- The toolkit covers indicators, chart overlays, strategy backtesting and automation, so customers likely use it across several steps of their trading rather than for one signal.
What to watch
- Last month showed $10.5K profit on $254K revenue, against an average of about $83K profit a month over the 12 months; this suggests costs have jumped or profit is uneven, and the $1M figure needs explaining before it is trusted.
- The listing reports $0 recurring revenue and churn of 10% or more, which suggests sales are one-off or short-lived rather than lasting subscriptions.
- Everything runs on TradingView, a platform the business does not control; a change to its rules for third-party scripts could cut sales overnight.
- At 8x the last 12 months' profit, and far more on last month's profit, the price assumes the recent growth continues.
Who it fits
A buyer with several million dollars and experience marketing to traders, willing to carry dependence on a single charting platform.
Ask the seller
- Why did profit fall to $10.5K on $254K revenue last month, and is that cost level ongoing?
- How is the toolkit sold (one-off licences, lifetime access or subscriptions), given the listing shows no recurring revenue?
- What agreement or TradingView policy governs selling these scripts, and has TradingView ever restricted any of them?
Oct 27Added to Acumen Wire