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Peak profitability at 30,000€

After a wild ride through out 2018, we ended the year not only with over 230,000€ in gross revenue. As massive milestone for us and our tax advisors even said this was unusual for a bootstrapped company in its early stages.

What we did keep in mind, was the fact that our costs were rising in Lock-Step with our revenue. We were operating a highly fragile business because it wasn't based on recurring revenue from subscriptions, but rather from transactions.

, Founder of Icon for ThreadBasket 1.0
ThreadBasket 1.0
on March 10, 2021