ReadID Me
70
Quality Score
Strong
ReadID Me
by Inverid B.V.
Medium confidence
✍️ bumetric analysis
“
ReadID Me is an iOS app from Inverid B.V. in the Business category, currently rated 4.7★ across 4,702 ratings. Initial signal reads as mostly critical sentiment so far: users flag rough edges and unmet expectations.
Quality Score is 70: Strong (healthy traction). For a Business app, that means healthy traction. The full BU Investment Matrix below scores 8 dimensions including monetisation, growth, and operational risk.
Track changes month-over-month in the Performance section below: live snapshot history and revenue forecast included.
💰 Monthly revenue · now vs forecast
● Right now
$5.0K
per month
→
12-mo forecast
$5.2K – $10.8K
per month
→
24-mo forecast
$6.4K – $19.2K
per month
MID tier
💡 Grow this revenue
Free AI audit of this app’s store listing
- Title & subtitle keyword fit
- Description hook & conversion structure
- Screenshots, ratings, reviews strategy
Typical impact: +2-5× organic installs
📊 Performance Tracking LIVE
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Rating
—
Reviews
—
Forecast Revenue / mo
—
Snapshots tracked
0
since first record
ONE-TIME · BUILD
💰 Estimated build cost
$75K
↳ What it cost to build · not monthly revenue
Likely range $55K – $100K
$25K · MVP floor
$100K · indie scale
$500K+ · studio build
📈
Slow ROI — current MRR is well below build cost
Synthetic estimate. Inputs: category complexity, file size, screen count, monetization layer, platform reach, age × team-size proxy. Calibrated against 2024-2026 indie-agency rate surveys. Full math + source list on /methodology.
Where the money goes
| 🧱 MVP baseline (design + 1-store ship) | +$28K |
| 📱 5 unique screens × $4.5K | +$22K |
| ⚙ Business complexity ×1.50 | +$25K |
Total estimate
$75K
ONE-TIME · EXIT VALUE
💵 Estimated acquisition value
$25K
↳ What it would sell for · not monthly revenue
Marketplace range $20K – $30K · 19× MRR multiple
💸
~0.3× build cost (under-water)
Synthetic estimate. Multiple band derived from ad-supported + age, rating quality, category demand, and user-base maturity. Calibrated against 2024-2026 indie-app-marketplace closed-deal medians. Full math + comparable deal list on /methodology.
How the multiple was built
| 📺 Ad-supported base | 15× MRR |
| ⭐ ★ rating ≥ 4.7 (premium) | +15% |
| 🏷 Business category multiple | +10% |
Final multiple
19× MRR
👥 Estimated audience size
305K
Lifetime downloads (US-equivalent)
Monthly active
67K
Daily active
20K
Synthetic estimate from ratings × category benchmarks. Calibrated against 2024-2026 mobile-attribution retention + DAU/MAU reports. Numbers are US-storefront-equivalent — true global audience can be 5-10× larger for international apps. Full math + source list on /methodology.
How we sized it
| 📲 Business engagement | ~65 installs / rating |
| 🔁 Business D30 retention | 22% |
| 📍 DAU / MAU stickiness | 0.30 |
DAU / MAU
30% sticky
🔬
How we forecast this revenue
MEDIUM CONFIDENCEBaseline
$5.0K/mo · ML-estimated from 234 triggers
Growth rate
+4.0% MoM · MID tier baseline (compound monthly)
6 months
$4.7K – $7.9K
12 months
$5.2K – $10.8K
24 months
$6.4K – $19.2K
Compound growth at +4.0% MoM (tier baseline for MID). Range widens with horizon — typical noise band ±25% at 6mo.. Ranges widen with horizon — distant futures carry more uncertainty.
📊
BU Investment Matrix
Below median · 47/100MID TIERunderperforming peersRevenue Strength
3.7
Product Quality
8.5
Market Position
2.0
Growth Velocity
5.0
Defensibility
3.7
Operational Safety
10.0
Founder Strength
4.1
Monetization Maturity
1.0
- 💰 Revenue: Modest — $3K - $7K/mo · MID tier · medium confidence, trajectory unclear.
- ⭐ Quality: 4.7★ across 4,702 reviews — strong (top 10%).
- 📍 Market: Not yet charting in any of the 9 monitored markets.
- 📈 Growth: Insufficient signal to assess trajectory.
- ⚠️ Risk: Low — no material risk signals detected.
🎯 For competitors: Mixed picture. Worth competing if you have a clear UX or pricing edge — otherwise crowded segment.
💵 For acquirers: Estimated asking range 18-32× monthly = $90K-$160K.
Composite of 8 dimensions computed deterministically from public signals — no LLM, every score traces back to a measurable input. Default weights shown; "compete" / "acquire" / "invest" lenses re-weight without re-fetching.
Range:
💰 Forecast Revenue / mo
MODELRevenue forecast computed from BU's 234 trigger model on each snapshot. Calibrated against ground-truth from 58 verified-revenue apps.
🔬Forecast Breakdown — Why This Estimate?Top 6 of 6 triggers
Our ML model uses 200+ signals from public data. These are the most influential for this app:
| Excellent rating (4.7★)METRIC | +$2,200 | |
| Low install base (4,702 ratings)METRIC | +$1,500 | |
| highly recommendREVIEW | +$1,400 | |
| slowREVIEW | −$1,200 | |
| Established app (6y old)METRIC | +$800 | |
| Ad-supported / freemiumMETRIC | +$600 |
METRIC = structural app data · REVIEW = mined from user reviews · ✓ VERIFIED = Stripe-verified anchor (TrustMRR)
📈 Reviews Growth
LIVECumulative review count from first BU snapshot. Each point = a tracked update.
⭐ Rating Trend
LIVEAverage rating evolution. Updates with each new review batch.
🆕 What's New · v4.128.2
Minor bugfix release.
Profile & Insights
Everything we know — and don't — about this app and its company.
Identification
- App name
- ReadID Me
- Developer
- Inverid B.V.
- Bundle ID
- com.readid.ReadID-UI-NFC-CO
- App Store URL
- Open in App Store
- Category
- Business
- Content rating
- 4+
- Languages
- NL, EN, ES
Company
- Website
- Not found
- Tagline
- Today
- Description
- Find apps and games for iPhone, iPad, Mac, and more on the App Store.
- Founded
- Not found
- HQ / Address
- Not found
- Employees
- Not found
- Logo
- Available
Revenue
- Verified revenue / mo
- Not found
- AI revenue estimate / mo
- Not found
- AI annual estimate
- Not found
- ML model estimate / mo
- $1.2K/mo
- Top-grossing rank
- Outside top 100 in US Business
- All-time revenue
- Not found
- Pricing
- Not found
Founder
Founder data not yet collected for this app.
Funding
Funding data not yet collected for this app.
Press & Links
Press & Links data not yet collected for this app.
Contacts & Socials
Contacts & Socials data not yet collected for this app.
📈Ratings growth4,702 ratings+470100% lifetimeShow 3-year history estimate ▾
Tracked (43 weeks) Pre-tracking estimate (35 weeks) · model-based, ±5% noise · anchored to release date and current value
🌍Geographic ReachNot ranked
This app is currently outside the top 100 grossing in all 9 countries we monitor (US, UK, DE, FR, JP, CA, AU, BR, IN). Niche or new apps often launch this way — popularity rankings appear once daily revenue clears the regional threshold.
🚀Update Frequency · Releases per Quarter2 releases tracked
🚀Version Release Timeline2 releases tracked
Profile is built from iTunes Lookup + developer site scrape + ML revenue model. Empty fields show "Not found" — additional sources (Crunchbase, X, IndieHackers, Acquire.com) coming.
📝 About this app
With the ReadID NFC app you can read the NFC chip that is in your passport or identity card, using the NFC capability of your iPhone (iPhone 7 or later).
This app is based on ReadID, a mobile identity document verification technology. It can read and verify the authenticity of identity documents that have a chip, which includes most passports and many identity cards. Before being able to read the chip, the app first needs to scan the so-called Machine Readable Zone of the identity document since this contains the password needed to get access to the chip.… View full description on the official store →
This app is based on ReadID, a mobile identity document verification technology. It can read and verify the authenticity of identity documents that have a chip, which includes most passports and many identity cards. Before being able to read the chip, the app first needs to scan the so-called Machine Readable Zone of the identity document since this contains the password needed to get access to the chip.… View full description on the official store →
App Specs
🔐 Own this app? Claim & verify MRR →💾 12 MB🔞 4+📱 iOS 15.0+🔖 v4.128.2🔄 updated 0d ago🌐 NL, EN, ES📂 Business💰 Paid
📅
What Worked™ · Development Pipeline
11 EVENTS TRACKEDDetected changes in this app over its tracked lifetime — each event links cause (what changed) to effect (what moved). Sorted newest first.See full history →Version history →
2026-06
🔧
Shipped update — v4.126.1 → v4.128.2
→ 30 days after: reviews +100 medium · co-occurring
2026-05
🔄
Monetization changed: freemium → free
→ 30 days after: reviews +100 medium · co-occurring
2026-05
📈
Crossed 1,000 ratings — social-proof flywheel kicking in
→ 30 days after: reviews +100 medium · co-occurring
2026-03
⭐
Rating ↑ 3.28 → 4.90 (improved 1.62★)
2026-03
📈
Crossed 50 ratings — social-proof flywheel kicking in
2021-09
📈
Crossed 10 ratings — social-proof flywheel kicking in
→ 30 days after: rating −0.16★ high confidence
2020-12
⭐
Rating ↑ 2.33 → 2.71 (improved 0.38★)
→ 30 days after: rating −0.08★ high confidence
2020-05
⭐
Rating ↑ 2.25 → 2.60 (improved 0.35★)
2020-03
⭐
Rating ↑ 1.33 → 2.25 (improved 0.92★)
→ 30 days after: rating +0.92★ medium · co-occurring
2020-02
⭐
Rating ↑ 1.00 → 1.33 (improved 0.33★)
→ 30 days after: rating +0.92★ medium · co-occurring
2019-09
🚀
First tracked snapshot — initial data captured
🌍
Multi-Country Performance
Available in 9 of 9 monitored markets| Market | Rating | Reviews | Current version |
|---|---|---|---|
| 🇺🇸 US | 4.69611★ | 4,877 | 4.69611★ this version |
| 🇬🇧 GB | 4.84663★ | 1,141 | 4.84663★ this version |
| 🇩🇪 DE | 4.76975★ | 443 | 4.76975★ this version |
| 🇫🇷 FR | 4.81465★ | 437 | 4.81465★ this version |
| 🇯🇵 JP | 4.91803★ | 61 | 4.91803★ this version |
| 🇨🇦 CA | 4.85992★ | 257 | 4.85992★ this version |
| 🇦🇺 AU | 4.78362★ | 171 | 4.78362★ this version |
| 🇧🇷 BR | 4.90526★ | 285 | 4.90526★ this version |
| 🇮🇳 IN | 4.73332★ | 45 | 4.73332★ this version |
🔔
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📝 Description
95
BU Score · Transcendent
Full revenue analysis
Read the article-style breakdown for ReadID Me: category rank, percentile, growth signal, comparable apps, and how the forecast is calibrated against verified-MRR anchors in this niche.
About this analysis
Why medium confidence: 4,702 ratings · no founder-verified revenue (model estimate only).
❓ Frequently Asked Questions
4 answers · auto-generated from this app's public dataHow much does ReadID Me make per month?▴
Based on our ML-calibrated revenue forecast, ReadID Me earns approximately $1.2K/mo. This is a US-storefront-equivalent estimate; global revenue can be several times larger for internationally-distributed apps. See the methodology page for the full formula and confidence bands.
What apps are like ReadID Me?▴
Browse the full Business category catalog to find similar apps with revenue, build cost, audience and tech stack data. Each /p/{slug} page also shows a Compare side-by-side widget with three peer apps from the same niche.
Who makes ReadID Me?▴
ReadID Me is published by Inverid B.V. on the Apple App Store. See the full publisher portfolio (other apps by the same developer) via the More by developer block on the product page above.
What is ReadID Me's BU Score?▴
ReadID Me has a BU Score of 70/100 (Strong). The score combines App Store rating, ratings count, monetization model and revenue signals calibrated against founder-verified MRR anchors. See the BU Score formula.