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The increased penetration of the internet and smartphones has led to a boom in the mobile app development industry. As of 2022, there are an estimated 2.5 million apps on PlayStore alone, with probably an equal number on the Apple store as well. We have seen a massive rise in mobile applications for everything from productivity to things such as exam preparations, banking, and online wallets. Social media, meditation, games, CRM, scrum management, art, photography, medicine, etc. The possibilities are endless and increasing with each new technological advancement. The mobile app industry was valued at an estimated 150 billion dollars in 2021 and it is projected to increase to 300 billion dollars by the end of the decade.
Our financial model is specifically designed to help those who are starting their own mobile application enterprise or a development company for mobile apps. Our template runs monthly calculations and gives you a five-year projection. We help you segregate and track fixed costs and recurring/variable costs and provide you with an estimated income based on the monetization model that you have chosen.
We help you calculate variables such as:
Active user calculation
Office rent & Utilities
Advertising and marketing costs
Our models allow you to get a grasp of initial and recurring investments and to see what revenue you can get as per your monetization strategy, the number of employees, factors for upscaling, and deficits if any in a simple and easy-to-use format
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Source: Best Practices in Integrated Financial Model, Mobile App Excel: Mobile App Financial Model Template Excel (XLSX) Spreadsheet, Strategy Financial Model
ABOUT THE AUTHOR: STRATEGY FINANCIAL MODEL
A team of corporate financial experts with distinctive skills in planning and formulating investor-ready financial model templates that allow you to set up or expand your business in any field or industry of your choice. We ensure you are aware of all the risks and potential rewards of your chosen business so that you are not blind sided by any hidden financial or operational costs.
Our highly experienced and expert team has worked in many industries and they translate that wealth of experience and skill into building the best & most comprehensive financial models you can find anywhere. Our expert team not only designs and builds custom financial models suitable for your business needs but also helps you with the process of obtaining investments by addressing all finance-related queries posed by your investors and bankers
Strategy Financial Model has published 5 additional documents on Flevy.
This business document is categorized under the function(s): Operations Strategy, Marketing, & Sales
It applies to All Industries
File Size: 353.3 KB
Related Topic(s): Integrated Financial Model Mobile App
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Initial upload date (first version): Nov 14, 2022
Most recent version published: Nov 14, 2022
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