Spacmonitor.com - $24k revenue since launch - Sell Project

Spacmonitor.com is a SaaS which alerts its users of new SPAC mergers. SPACs or blank-check companies are a special type of securities which are created with the sole purpose of merging with a private company to take it public. High profile companies that went public this way were Burger King, Draftkings, Playboy, Lucid Motors and the social media business of Donald Trump. SPAC related news can be broadly categorized into two types, merger announcements, also called definitive agreements or DAs and rumors. Both are published by either Reuters, Bloomberg or one of the many newswires. Scraping these sources in very short intervals, and sending out an email once a new article is detected which fits one of these categories, creates alpha for the users. Spacmonitor.com is 100% automated and written in PHP, the data is stored in a MySQL database and the site is hosted on a small Digitalocean server for $20/month. No manual oversight or updates are required. The billing is done with Paypal. The total revenue since creation is $23,930. The monthly costs are $50 for the hosting, proxies and AWS SES for the email sending. The main sources for marketing were Stocktwits, Reddit and Twitter by doing relevant posts and contributions. The site is only sold because of big personal expenses that are upcoming. You can see the user back-end by using username: demo password 101209 The site was sold to someone in December 2021 for $13,500 who sadly didn't find a strategy to transfer the users from my Paypal account to his. I re-bought the site from him because of that and it currently generates no revenue. Its unclear if and how many users can be re-converted but there are 1594 still in the database. TTM gross revenue $ 10.69 K USD TTM net profit $ 10.09 K USD