Mathway
87
Quality Score
Excellent
✍️ Bumetric analysis
“
Mathway is an iOS app from Chegg, Inc. in the Education category, currently rated 4.9★ across 424,766 ratings. Initial signal reads as mostly critical sentiment so far: users flag rough edges and unmet expectations.
Quality Score is 87: Excellent (strong product-market fit). For a Education app, that means strong product-market fit. 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
$700K
per month
→
12-mo forecast
$741K – $1141K
per month
→
24-mo forecast
$886K – $1645K
per month
BIG 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
120 snapshots on record
Rating
4.9
Reviews
424,766 reviews
Forecast Revenue / mo
$700K
Snapshots tracked
120
since Dec 2023
🤖Also on Android
$229/mo · 414K ratings · 4.1★
View →
ONE-TIME · BUILD
💰 Estimated build cost
$160K
↳ What it cost to build · not monthly revenue
Likely range $120K – $215K
$25K · MVP floor
$100K · indie scale
$500K+ · studio build
📈
Pays back in under a month 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 |
| 📦 Asset bundle (82 MB) | +$12K |
| ⚙ Education complexity ×1.20 | +$12K |
| ⚙ 14.1y maintenance × ~1-person team | +$84K |
Total estimate
$160K
ONE-TIME · EXIT VALUE
💵 Estimated acquisition value
$16.0M
↳ What it would sell for · not monthly revenue
Marketplace range $12.0M – $21.0M · 23× MRR multiple
💸
~100× return on build cost
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 |
| 📅 14.1y proven track record | +20% |
| ⭐ ★ rating ≥ 4.7 (premium) | +15% |
| 🏷 Education category multiple | +6% |
| ⭐ Mature user base (100K+ ratings) | +5% |
Final multiple
23× MRR
👥 Estimated audience size
25.0M
Lifetime downloads (US-equivalent)
Monthly active
1.2M
Daily active
360K
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
| 📲 Education engagement | ~85 installs / rating |
| 📅 14.1y of rating accumulation | -30% |
| 🔁 Education D30 retention | 18% |
| 📍 DAU / MAU stickiness | 0.30 |
DAU / MAU
30% sticky
🛠 Estimated tech stack
🍎
Native iOS (Swift / UIKit)
Medium confidence · 60%
Also possible
React Native
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 | 82 MB |
| 🏷 Category context | Education |
| 📦 Mid-large iOS bundle | → Likely native Swift / UIKit (pre-2020 era) |
💀 Maintenance status
Active
5%
Last shipped 2026-09-10 · 13 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
| 📅 13 days since last update | Active development |
Verdict
Active
🔬
How we forecast this revenue
MEDIUM CONFIDENCEBaseline
$700K/mo · ML-estimated from 234 triggers
Growth rate
+2.5% MoM · BIG tier baseline (compound monthly)
6 months
$690K – $933K
12 months
$741K – $1.1M
24 months
$886K – $1.6M
Compound growth at +2.5% MoM (tier baseline for BIG). Range widens with horizon — typical noise band ±15% at 6mo.. Ranges widen with horizon — distant futures carry more uncertainty.
📊
BU Investment Matrix
Mixed signals · 60/100BIG TIERcompetitive but cautiousGrowth Velocity
5.0
Founder Strength
6.9
Product Quality
9.8
Revenue Strength
5.8
Monetization Maturity
1.0
Defensibility
7.5
Market Position
2.0
Operational Safety
10.0
- 💰 Revenue: Healthy — $280K - $1540K/mo · BIG tier · medium-low confidence, trajectory unclear.
- ⭐ Quality: 4.88★ across 424,766 reviews — exceptional (top 1% in category).
- 📍 Market: Not yet charting in any of the 9 monitored markets.
- 📈 Growth: dev shipping weekly.
- ⚠️ 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 = $12.6M-$22.4M.
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 14 of 14 triggers
Our ML model uses 200+ signals from public data. These are the most influential for this app:
| High install base (424,766 ratings)METRIC | +$12,000 | |
| subscriptionREVIEW | +$2,500 | |
| premiumREVIEW | +$2,200 | |
| Excellent rating (4.9★)METRIC | +$2,200 | |
| bugsREVIEW | −$1,800 | |
| 5 starREVIEW | +$1,800 | |
| cancelledREVIEW | −$1,500 | |
| excellent appREVIEW | +$1,500 | |
| Mature app (14y old)METRIC | +$1,500 | |
| Multilingual (15 languages)METRIC | +$1,500 | |
| highly recommendREVIEW | +$1,400 | |
| slowREVIEW | −$1,200 | |
| too expensiveREVIEW | −$1,000 | |
| 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 · v5.17.3
Powered by Chegg, Mathway is your one-stop shop for homework help.
Is your equation too complex to type? Save time with our snap and solve feature! Just take a photo and instantly see the solution.… Full release notes →
Is your equation too complex to type? Save time with our snap and solve feature! Just take a photo and instantly see the solution.… Full release notes →
Profile & Insights
Everything we know — and don't — about this app and its company.
Identification
- App name
- Mathway
- Developer
- Chegg, Inc.
- Bundle ID
- com.bagatrix.mathway
- App Store URL
- Open in App Store
- Category
- Education
- Content rating
- 4+
- Languages
- AR, EN, FR, DE, HI, ID, IT, JA, KO, PT, RU, ZH, ES, TR, VI
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
- Reported revenue signal / mo
- Not found
- AI revenue estimate / mo
- Not found
- AI annual estimate
- Not found
- Model estimate / mo
- $700K/mo
- Top-grossing rank
- Outside top 100 in US Education
- 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 growth424,601 ratings+95102% lifetimeShow 3-year history estimate ▾
Tracked (60 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
Mathway is the world’s smartest math calculator for algebra, graphing, calculus and more! Mathway gives you unlimited access to math solutions that can help you understand complex concepts. Simply point your camera and snap a photo or type your math homework question for step-by-step answers.
If a premium subscription option is selected:
• Payment will be charged to iTunes Account at confirmation of purchase
• Subscription automatically renews unless auto-renew is turned off at least 24-hours before the end of the current period… View full description on the official store →
If a premium subscription option is selected:
• Payment will be charged to iTunes Account at confirmation of purchase
• Subscription automatically renews unless auto-renew is turned off at least 24-hours before the end of the current period… View full description on the official store →
App Specs
🔐 Own this app? Claim & verify MRR →💾 82 MB🔞 4+📱 iOS 17.0+🔖 v5.17.3🔄 updated 1w ago🌐 AR, EN, FR, DE, HI +10📂 Education💰 Paid🚀 Launched 2012 (14y old)
📅
What Worked™ · Development Pipeline
15 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 →
2026-09
🔧
Shipped update — v5.14.2 → v5.17.3
2026-05
🔄
Monetization changed: freemium → free
→ 30 days after: reviews −107 medium · co-occurring
2026-03
📈
Crossed 1,000 ratings — social-proof flywheel kicking in
→ 30 days after: revenue +$1.4K/mo · rating +2.21★ · reviews +424,310 medium · co-occurring
2026-03
⭐
Rating ↑ 2.59 → 4.80 (improved 2.21★)
→ 30 days after: revenue +$1.4K/mo · rating +2.21★ · reviews +424,310 medium · co-occurring
2026-03
📈
Crossed 500 ratings — social-proof flywheel kicking in
→ 30 days after: revenue +$1.4K/mo · rating +2.21★ · reviews +424,310 medium · co-occurring
2024-03
📈
Crossed 100 ratings — social-proof flywheel kicking in
→ 30 days after: rating −0.16★ · reviews +42 high confidence
2024-03
📈
Crossed 100 ratings — social-proof flywheel kicking in
→ 30 days after: rating −0.29★ · reviews +83 high confidence
2024-02
📈
Crossed 50 ratings — social-proof flywheel kicking in
→ 30 days after: rating −0.13★ · reviews +41 high confidence
2024-02
📈
Crossed 50 ratings — social-proof flywheel kicking in
→ 30 days after: rating −0.09★ · reviews +32 high confidence
2023-12
🚀
First tracked snapshot — initial data captured
→ 30 days after: rating +0.20★ · reviews +22 medium · co-occurring
2023-12
📈
Crossed 10 ratings — social-proof flywheel kicking in
→ 30 days after: rating +0.20★ · reviews +22 low · multiple changes
2023-12
⭐
Rating ↑ 2.33 → 2.71 (improved 0.38★)
→ 30 days after: rating +0.20★ · reviews +22 low · multiple changes
2023-12
⭐
Rating ↑ 2.00 → 2.60 (improved 0.60★)
2023-12
⭐
Rating ↑ 1.00 → 2.33 (improved 1.33★)
2023-12
🚀
First tracked snapshot — initial data captured
🔎
ASO Keyword Positions
BEST RANK #3Ranked for 2 App Store search queryies in our last keyword sweep. Lower position = closer to the top.
math solver·#3🇺🇸homework helper·#35🇺🇸
Last sweep: 2026-05-19 · iTunes Search API
🌍
Multi-Country Performance
Available in 9 of 9 monitored markets| Market | Rating | Reviews | Current version |
|---|---|---|---|
| 🇦🇺 AU | 4.80321★ | 1,428 | 4.80321★ this version |
| 🇧🇷 BR | 4.82197★ | 2,185 | 4.82197★ this version |
| 🇨🇦 CA | 4.77975★ | 5,453 | 4.77975★ this version |
| 🇩🇪 DE | 4.75856★ | 1,139 | 4.75856★ this version |
| 🇫🇷 FR | 4.82125★ | 1,572 | 4.82125★ this version |
| 🇬🇧 GB | 4.83107★ | 5,452 | 4.83107★ this version |
| 🇮🇳 IN | 4.70784★ | 753 | 4.70784★ this version |
| 🇯🇵 JP | 4.72663★ | 1,990 | 4.72663★ this version |
| 🇺🇸 US | 4.88194★ | 424,596 | 4.88194★ 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 Mathway: category rank, percentile, growth signal, comparable apps, and how the forecast is calibrated against verified-MRR anchors in this niche.
More by Chegg, Inc.
View all →📦 Portfolio summaryBIG studio
6apps·$2.9M/mocombined
✓ Diversified — top app contributes 27%; risk spread across portfolio
About this analysis
Why high confidence: 424,766 ratings · no founder-verified revenue (model estimate only).
❓ Frequently Asked Questions
10 answers · auto-generated from this app's public dataHow much does Mathway make per month?▴
Based on our ML-calibrated revenue forecast, Mathway earns approximately $700K/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 Mathway profitable?▴
With estimated build cost $160K and monthly revenue $700K, Mathway looks highly profitable — pays back its build investment in under a month at the current run-rate. Profitability also depends on paid-acquisition spend and refund rate which the public model doesn't see.
How many users does Mathway have?▴
Estimated audience: ~25.0M lifetime downloads, ~1.2M monthly active users, and ~360K 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 Mathway?▴
Browse the full Education 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 Mathway built with?▴
Our heuristic places Mathway on the Native iOS (Swift / UIKit) stack (Medium confidence, 60%). Signals: app bundle size, category context, store-description markers, release-date era. We don't disassemble binaries. Alternative possibilities: React Native, Flutter.
Is Mathway still actively maintained?▴
Maintenance status: Active (5% abandonment risk). Last shipped version was 13 days ago. The risk score combines time-since-last-update with Editor's Choice / curated featuring + user-base maturity adjustments.
How much would Mathway sell for?▴
Estimated acquisition value: $16.0M (marketplace range $12.0M – $21.0M). Calculated as 23× 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 Mathway last updated?▴
Mathway last shipped a new version on 2026-09-10 — less than a month ago. This is the date Apple / Google last accepted a new build, not a content-only push.
Who makes Mathway?▴
Mathway is published by Chegg, Inc. 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 Mathway's BU Score?▴
Mathway has a BU Score of 87/100 (Excellent). The score combines App Store rating, ratings count, monetization model and revenue signals calibrated against founder-verified MRR anchors. See the BU Score formula.