That’s our second take on quarterly reports. So, it’s already a tradition :)

Quick recap on major features added within last 3 months:

• We introduced Google Play Dev Console OAuth integration — a much smoother way to work with Google Play data.
• We launched our new shiny and bright web-site — we were struggling to do that for the last half a year.
• New customisable tariffs went live: now each customer can pay according to his needs with the help of our price calculator.
• We’ve updated our Telegram bot (@AppFollowbot), now it’s quicker, smarter and more user-friendly.

All this combined with previous announcements finally got AppFollow to version 2.0. This upgrade didn’t come unnoticed to Product Hunt community which gave us over 1100 up-votes.

In terms of metrics Q3 is our best quarter so far:

• We doubled number of active accounts from 2k to 4.5k.
• MRR at the end of Q3 equals $6'585 growing by 45% compared to Q2.
• Our Q-o-Q revenue growth is 35% reaching $27'000 for Q3.
• We managed to keep churn lower than 2% within whole quarter.

Few comments on that:

• As I wrote in previous report, we now focus on growing our community, which is going pretty well so far thanks to Free plan.
• Despite being a second target, our overall financial results were quite good. Our both revenue streams (subscription and ASO) continue to grow and we expect to be again cash positive in Q1'17.
• From now on we’ll pay a much closer attention to all major metrics such as MRR, LTV and churn as there is a lot of space for improvement.