The fact that ANDI was still able to achieve 2M do
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The fact that ANDI was still able to achieve 2M downloads for the quarter, turn a profit and pay down its debt despite its most important apps being rejected by Apple are the most important takeaways.
The addition of $20k cash on the balance sheet and that the debt owed was paid down by $30k should also be considered. Even in a worst case scenario (what was faced this past quarter), ANDI would be on track to pay down its entire debt within about 7 quarters and at the same time increase cash on the books by $140k.
Assuming there's no similar rejection of ANDI's most important apps this quarter, downloads should be back in the 2.6-3M+ range and profits sitting around $60k. If there's a viral app, sky's the limit.
Right now ANDI generates $0.0145 profit per download on 2M downloads /quarter.
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