How We Increased Our SaaS Revenue 33% Over Last Year

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Ervin Ruci

Founder, Geocode.xyz

$30K

revenue/mo

Founders

Employees

Geocode.xyz

geocode.xyz

from Ottawa, Ontario, Canada

started December 2016

$30,000

revenue/mo

Founders

Employees

Discover what tools recommends to grow your business!

Discover what books Ervin recommends to grow your business!

Salonica, City of Ghosts: Christians, Muslims and Jews 1... Mark Mazower

Sapiens: A Brief History of Humankind Yuval Noah Harari

Want more updates on Geocode.xyz? Check out these stories:

1. Creating An API for Developers Earning $15K/Month (2018) ➜

2. How We Grew Our Revenue By 70% In One Year (2021) ➜

3. How We 2x'd Our Business And Grew Revenue From $15K To $30K/Month (2022) ➜

This is a follow up story for Geocode.xyz. If you're interested in reading how they got started, published over 6 years ago, check it out here.

Hello again! Remind us who you are and what business you started.

I’m Ervin Ruci. I run a SaaS that provides geocoding/geoparsing information via an API.

Geocode.xyz was launched in 2016, but it only got some real traction in 2018. The current year is the best year in terms of total revenue and revenue growth, which in my case is over 90% profit as the only business costs are the server rentals on AWS.

Revenue growth comes from several directions with API recurring revenue growth being the fastest. The following graph illustrates this point:

how-we-increased-a-15k-month-revenue-to-20k-over-last-year

This December is the highest-grossing month-to-date with overall revenue projected at over $20k USD from all revenue sources combined. (Recurring payments are handled by Paypal as illustrated in the graph above. Stripe is used for most one time payments as you can see below:

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