April User Growth Rate +561.07%

At the end of every month, I calculate my user growth rate in a google sheet.

Tracking user growth helps me understand how effective my marketing strategies are on a monthly basis.

Here's the calculation I use to track user growth rate

Latest Months User # - Previous Months User # / Latest Months User # x 100

3600 - 560 / 3702 x 100 = 561.07%

January '20 = 184
February '20 = 401 (+117.93%)
March '20 = 560 (+39.65%)
April '20 = 3702 (+561.07%)

Average Growth Rate = (+239.55%)