In July, our monthly recurring revenue (MRR) increased by 27% to over CHF $2,147.
For the first time, we also share our costs in our open startup report: they amounted to $6,435 – not including my own working time.
This means that Friendly is currently still operating at a loss of $4,289. Our next goal is to reach the profitability threshold as soon as possible.
There was a lot more going on in July - such as a viral blog post, and almost 150k emails sent - more about this you can read in this article: