App Peak is an M&A company primarily focused on Mobile App Exits

Leading QR Code Scanner - €6.5mn EBIT & 7-Year Track Record

iOS

Revenue
9,607,825
Profit
6,538,864
Price
$32,000,000 (open to offers)

Overview

This is a top-ranked utility app, available exclusively on iOS, focused on scanning and generating QR codes and barcodes. Since its launch in 2018, the app has become the go-to tool for millions of users, delivering fast and reliable performance across 15+ code formats.

With over 70 million total downloads to date (35% from the US) and a 4.7-star rating from more than hundreds of thousands of reviews, the app demonstrates strong organic growth, user loyalty, and a proven monetization engine, generating €9.6M in annual revenue and €6.5M EBITDA.

Users value its features — from scanning single or multiple codes, to saving scan history and creating custom codes — most of which are paywalled to drive premium conversion.

Deal Terms:

  • Asking Price: $32,000,000 (open to offers)
  • Preferred Structure: Upfront payment
  • Deadline for Offers: July 18th

Key Points

Highlightlights:

  • 2.9M MAUs | 160K DAUs
  • €9.6M Revenue | €6.5M EBIT (LTM)
  • 800K Avg. Monthly Downloads Since Launch
  • Freemium Model: 70% Subscription, 30% Ads
  • 70M+ Total Downloads | 35% from Tier 1 (US)

Monetization & Financials:

  • Strong US CPMs – up to €70.5
  • ~56M Ad Impressions (LTM)
  • 4.2% US conversion rate to paid (recent cohorts)

Deal Highlights:

  • Built in Swift (UIKit & SwiftUI) with minimal backend
  • Multilingual: Supports 20+ languages
  • Cross-platform: iPhone, iPad, and Mac
  • Minimal owner involvement (~4 hours/week)
  • Positioned in a market projected to grow 25%+ YoY in mobile commerce through 2026
  • Currently monetizing ads exclusively via Apple Ads

Growth Opportunities:

  • Expand to Android and web
  • Add more ad networks beyond current platform
  • Explore B2B integrations
  • Introduce new premium features and partnerships
  • Improve localization & international targeting
  • Build web-based funnels to drive paid conversion

Owner Post Sale

Transition: Flexible support + non-compete in the QR market

Motive for Selling

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