Free Invoice Maker App
70
Quality Score
Strong
✍️ Bumetric analysis
“
Free Invoice Maker App is an iOS app from Eli Bitton in the Business category, currently rated 4.7★ across 403 ratings. Initial signal reads as largely positive sentiment, users highlighting consistency and feature depth.
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
$5.2K
per month
→
12-mo forecast
$5.4K – $11.2K
per month
→
24-mo forecast
$6.6K – $19.9K
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
45 snapshots on record
Rating
4.7
Reviews
403 reviews
Forecast Revenue / mo
$5.2K
Snapshots tracked
45
since Oct 2021
ONE-TIME · BUILD
💰 Estimated build cost
$105K
↳ What it cost to build · not monthly revenue
Likely range $80K – $140K
$25K · MVP floor
$100K · indie scale
$500K+ · studio build
📈
Pays back in ~1.7y at current MRR
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 |
| ⚙ 5.1y maintenance × ~1-person team | +$30K |
Total estimate
$105K
ONE-TIME · EXIT VALUE
💵 Estimated acquisition value
$100K
↳ What it would sell for · not monthly revenue
Marketplace range $75K – $150K · 21× MRR multiple
💸
~1.0× 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 |
| 📅 5.1y proven track record | +20% |
| ⭐ ★ rating ≥ 4.7 (premium) | +15% |
| 🏷 Business category multiple | +10% |
| ⭐ Small user base (<1K ratings) | -8% |
Final multiple
21× MRR
👥 Estimated audience size
19K
Lifetime downloads (US-equivalent)
Monthly active
3.3K
Daily active
990
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 |
| 📅 5.1y of rating accumulation | -26% |
| 🔁 Business D30 retention | 22% |
| 📍 DAU / MAU stickiness | 0.30 |
DAU / MAU
30% sticky
🛠 Estimated tech stack
🍎
Native iOS (SwiftUI)
Medium confidence · 70%
Also possible
Flutter
Heuristic guess from app bundle size, category, store description signals, and release-date stack era. Bumetric does not disassemble binaries — for binary-level certainty you would need an SDK intelligence tool or the manifest itself. Reasoning chain on the right. Full ruleset on /methodology.
Signals we read
| 📦 App bundle size | 47 MB |
| 🏷 Category context | Business |
| 📦 Small-mid iOS bundle | → Native SwiftUI (post-2020 era) |
💀 Maintenance status
At risk
40%
Last shipped 2026-06-29 · 132 days ago
0 · Active
50 · At risk
100 · Abandoned
Heuristic risk score from time-since-last-update + ratings velocity proxy + Editor's Choice / curated featuring signals. Calibrated against 2024-2025 app-store ranking decay reports. Not a guarantee — a quiet app with a healthy codebase looks the same as an abandoned one until something breaks. Full math on /methodology.
Risk signals
| 📅 4 months since last update | Slowing cadence |
| 👥 Small user base (403 ratings) + 5.1y old | +10% (solo-project pattern) |
Verdict
At risk
🔬
How we forecast this revenue
MEDIUM CONFIDENCEBaseline
$5.2K/mo · ML-estimated from 234 triggers
Growth rate
+4.0% MoM · MID tier baseline (compound monthly)
6 months
$4.9K – $8.2K
12 months
$5.4K – $11.2K
24 months
$6.6K – $19.9K
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 · 52/100MID TIERunderperforming peersGrowth Velocity
5.0
Founder Strength
7.1
Product Quality
6.6
Revenue Strength
3.7
Monetization Maturity
1.0
Defensibility
6.3
Market Position
2.0
Operational Safety
10.0
- 💰 Revenue: Modest — $3K - $7K/mo · MID tier · medium confidence, trajectory unclear.
- ⭐ Quality: 4.73★ across 403 reviews — solid.
- 📍 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 = $93K-$165K. Portfolio play ($41K/mo combined) commands premium.
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 9 of 9 triggers
Our ML model uses 200+ signals from public data. These are the most influential for this app:
| premiumREVIEW | +$2,200 | |
| Excellent rating (4.7★)METRIC | +$2,200 | |
| worth every pennyREVIEW | +$2,000 | |
| excellent appREVIEW | +$1,500 | |
| Multilingual (10 languages)METRIC | +$1,500 | |
| highly recommendREVIEW | +$1,400 | |
| Established app (5y old)METRIC | +$800 | |
| Ad-supported / freemiumMETRIC | +$600 | |
| Early-stage install base (403 ratings)METRIC | +$400 |
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 · v2.2.2
Bug fix's
Improved Performace
Improved Performace
Profile & Insights
Everything we know — and don't — about this app and its company.
Identification
- App name
- Free Invoice Maker App
- Developer
- Eli Bitton
- Bundle ID
- Not found
- App Store URL
- Open in App Store
- Category
- Business
- Content rating
- 4+
- Languages
- AR, EN, FR, DE, HE, HI, IT, RU, ES, UK
Company
- Website
- Not found
- Tagline
- Not found
- Description
- Not found
- Founded
- Not found
- HQ / Address
- Not found
- Employees
- Not found
- Logo
- Not found
Revenue
- Reported revenue signal / mo
- Not found
- AI revenue estimate / mo
- Not found
- AI annual estimate
- Not found
- Model estimate / mo
- $5.2K/mo
- Top-grossing rank
- Not found
- 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 growth2,162 ratings+216100% lifetimeShow 3-year history estimate ▾
Tracked (45 weeks) Pre-tracking estimate (0 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
Create professional invoices in seconds — free, right from your phone.
Free Invoice Maker turns your phone into a complete billing tool: invoices, estimates, receipts and more, sent by Email, WhatsApp or PDF in just a couple of taps. Trusted by over 100,000 businesses.
Perfect for freelancers, self-employed pros, company directors and small businesses who need to bill clients fast and look professional doing it.
— CREATE & SEND —
• Invoices, Estimates, Receipts, Credit Notes, Quotes, Proforma, Tax Invoices, Purchase Orders, Delivery Notes & more… View full description on the official store →
Free Invoice Maker turns your phone into a complete billing tool: invoices, estimates, receipts and more, sent by Email, WhatsApp or PDF in just a couple of taps. Trusted by over 100,000 businesses.
Perfect for freelancers, self-employed pros, company directors and small businesses who need to bill clients fast and look professional doing it.
— CREATE & SEND —
• Invoices, Estimates, Receipts, Credit Notes, Quotes, Proforma, Tax Invoices, Purchase Orders, Delivery Notes & more… View full description on the official store →
App Specs
🔐 Own this app? Claim & verify MRR →💾 47 MB🔞 4+📱 iOS 17.6+🔖 v2.2.2🔄 updated 4mo ago🌐 AR, EN, FR, DE, HE +5📂 Business💰 Paid🚀 Launched 2021 (5y old)
📅
What Worked™ · Development Pipeline
16 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 — v2.1.0 → v2.2.2
→ 30 days after: revenue +$12.6K/mo · reviews +110 medium · co-occurring
2026-05
⭐
Rating ↑ 4.05 → 4.81 (improved 0.76★)
→ 30 days after: reviews +29 medium · co-occurring
2026-05
📈
Crossed 100 ratings — social-proof flywheel kicking in
→ 30 days after: reviews +29 medium · co-occurring
2026-03
⭐
Rating ↓ 4.73 → 4.05 (dropped 0.68★)
→ 30 days after: revenue −$158K/mo · rating +0.08★ · reviews +1,594 medium · co-occurring
2026-03
⭐
Rating ↑ 4.03 → 4.73 (improved 0.70★)
→ 30 days after: revenue −$158K/mo · rating −0.68★ · reviews −339 high confidence
2026-03
📈
Crossed 100 ratings — social-proof flywheel kicking in
→ 30 days after: revenue −$158K/mo · rating −0.68★ · reviews −339 high confidence
2025-01
📈
Crossed 50 ratings — social-proof flywheel kicking in
→ 30 days after: revenue +$470/mo high confidence
2025-01
📈
Crossed 50 ratings — social-proof flywheel kicking in
→ 30 days after: revenue +$1.4K/mo · rating +0.07★ high confidence
2022-09
📈
Crossed 10 ratings — social-proof flywheel kicking in
→ 30 days after: revenue +$343/mo · rating −0.26★ high confidence
2022-03
⭐
Rating ↑ 2.67 → 3.43 (improved 0.76★)
2022-03
⭐
Rating ↑ 2.80 → 3.17 (improved 0.37★)
→ 30 days after: revenue +$1.8K/mo · rating +0.76★ low · multiple changes
2022-03
⭐
Rating ↑ 2.25 → 2.80 (improved 0.55★)
→ 30 days after: revenue +$1.8K/mo · rating +0.76★ low · multiple changes
2022-03
⭐
Rating ↓ 2.67 → 2.25 (dropped 0.42★)
→ 30 days after: revenue +$1.8K/mo · rating +0.76★ low · multiple changes
2022-02
⭐
Rating ↑ 1.50 → 2.67 (improved 1.17★)
→ 30 days after: revenue +$1.8K/mo · rating +0.76★ high confidence
2021-11
⭐
Rating ↓ 2.00 → 1.50 (dropped 0.50★)
2021-10
🚀
First tracked snapshot — initial data captured
→ 30 days after: revenue +$341/mo · rating −0.50★ high confidence
🔎
ASO Keyword Positions
BEST RANK #33Ranked for 1 App Store search query in our last keyword sweep. Lower position = closer to the top.
invoicing·#33🇺🇸
Last sweep: 2026-05-19 · iTunes Search API
🌍
Multi-Country Performance
Available in 9 of 9 monitored markets| Market | Rating | Reviews | Current version |
|---|---|---|---|
| 🇦🇺 AU | 4.65957★ | 188 | 4.65957★ this version |
| 🇧🇷 BR | 5★ | 1 | 5★ this version |
| 🇨🇦 CA | 4.84091★ | 132 | 4.84091★ this version |
| 🇩🇪 DE | 5★ | 10 | 5★ this version |
| 🇫🇷 FR | 5★ | 1 | 5★ this version |
| 🇬🇧 GB | 4.73165★ | 436 | 4.73165★ this version |
| 🇮🇳 IN | 4.66667★ | 18 | 4.66667★ this version |
| 🇯🇵 JP | 5★ | 2 | 5★ this version |
| 🇺🇸 US | 4.82061★ | 2,174 | 4.82061★ this version |
🔔
Track this app’s revenue
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📝 Description
95
BU Score · Transcendent
Full revenue analysis
Read the article-style breakdown for Free Invoice Maker App: category rank, percentile, growth signal, comparable apps, and how the forecast is calibrated against verified-MRR anchors in this niche.
More by Eli Bitton
View all →📦 Portfolio summaryINDIE studio
9apps·$22K/mocombined
✓ Diversified — top app contributes 23%; risk spread across portfolio
About this analysis
Why medium confidence: 403 ratings · no founder-verified revenue (model estimate only).
❓ Frequently Asked Questions
10 answers · auto-generated from this app's public dataHow much does Free Invoice Maker App make per month?▴
Based on our ML-calibrated revenue forecast, Free Invoice Maker App earns approximately $5.2K/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.
Is Free Invoice Maker App profitable?▴
With estimated build cost $105K and monthly revenue $5.2K, Free Invoice Maker App looks break-even-grade — payback period sits around 1.7 years. Profitability also depends on paid-acquisition spend and refund rate which the public model doesn't see.
How many users does Free Invoice Maker App have?▴
Estimated audience: ~19K lifetime downloads, ~3K monthly active users, and ~990 daily active users. Derived from ratings count × category installs-per-rating × age decay. US-storefront-equivalent — global audience can be 5-10× larger for internationally-distributed apps.
What apps are like Free Invoice Maker App?▴
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.
What is Free Invoice Maker App built with?▴
Our heuristic places Free Invoice Maker App on the Native iOS (SwiftUI) stack (Medium confidence, 70%). Signals: app bundle size, category context, store-description markers, release-date era. We don't disassemble binaries. Alternative possibilities: Flutter.
Is Free Invoice Maker App still actively maintained?▴
Maintenance status: At risk (40% abandonment risk). Last shipped version was 4 months ago. The risk score combines time-since-last-update with Editor's Choice / curated featuring + user-base maturity adjustments.
How much would Free Invoice Maker App sell for?▴
Estimated acquisition value: $100K (marketplace range $75K – $150K). Calculated as 21× monthly revenue using the standard multiple for the detected monetization model + adjustments for age, rating quality and category demand. Calibrated against 2024-2026 Flippa / Acquire.com / MicroAcquire closed-deal medians.
When was Free Invoice Maker App last updated?▴
Free Invoice Maker App last shipped a new version on 2026-06-29 — 4 months ago. This is the date Apple / Google last accepted a new build, not a content-only push.
Who makes Free Invoice Maker App?▴
Free Invoice Maker App is published by Eli Bitton 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 Free Invoice Maker App's BU Score?▴
Free Invoice Maker App 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.