The Friendly Blog
Open Startup Reports
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The summer slump brings a surprise success: Open Startup Report July 2024
The summer slump is here. While our revenue has been falling for the third month in a row, we are experiencing an unexpected success: Welcome to our Open Startup Report for July 2024.
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Our most important KPI has dropped: Open Startup Report June 2024
While things are generally looking good for us, our most important KPI has fallen this month: Welcome to our Open Startup Report for June 2024.
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Bootstrapping requires patience: Open Startup Report May 2024
We experience a dip and just end the month with a minimal profit: Welcome to our Open Startup Report for May 2024.
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Two reasons to celebrate! Open Startup Report April 2024
We have reason to celebrate on both the revenue and the cost side: our total revenue exceeds the CHF 30 000 mark and Stefan can pay himself a salary for the first time. Welcome to our Open Startup Report for April 2024.
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We’re getting the wind in our sails: Open Startup Report March 2024
Things have been moving forward since we expanded our consulting services: this month was even better than the last. Welcome to our Open Startup Report for March 2024.
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Things are going well for us again: Open Startup Report February 2024
Things can continue like this: Almost all KPIs are developing positively and we are back in the black. Welcome to our Open Startup Report for February 2024.
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We make a mistake and experience a setback: Open Startup Report January 2024
We are growing slowly, but a mistake caused our costs to explode. Welcome to our Open Startup Report for January 2024.
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Our year in numbers and events: Open Startup Year in Review 2023
Finally in the black, and a lot of things have happened. Welcome to our Open Startup Year in Review 2023.
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As the year ends, we only just reach our target: Open Startup Report December 2023
The year ends on a quiet note: we didn’t set any records in December, but only just managed to achieve a small plus. Welcome to our Open Startup Report for December 2023.
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The second best month in our history: Open Startup Report November 2023
Hard work pays off: We achieved the second-best month in Friendly’s history and completely reversed last year’s pay cuts. Welcome to our Open Startup Report for November 2023.
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Software revenue and number of customers on an upward trend, but still a small loss: Open Startup Report October 2023
Our software revenue increased and the number of customers reached record levels for the fourth month in a row, but we fell just short of “profitability”*: Welcome to our Open Startup Report for October 2023.
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Our best month: Open Startup Report September 2023
We recorded a profit* of almost 7 000 CHF, more than ever before: welcome to our Open Startup Report for September 2023.
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(Almost) “profitable” again despite additional investments in security and quality: Open Startup Report August 2023
We almost returned to “profitability” despite additional investments in certifications for ISO 27 001 and ISO 9 001. Welcome to our Open Startup Report for August 2023.
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Software revenue on the rise, but still a loss: Open Startup Report July 2023
We are moving into safe waters. Although we recorded another loss after three “profitable” months in a row – our software revenue and customer numbers are growing steadily. Welcome to our Open Startup Report for July 2023.
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Three months “profitable” in a row and another revenue record: Open Startup Report June 2023
Things are going well at Friendly. For the first time in our three-year history, we recorded three consecutive months of “profit” and set another revenue record. Welcome to our Open Startup Report for June 2023.
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Record revenue and “profitable” for two months in a row for the first time: Open Startup Report May 2023
This has never happened before in Friendly’s three-year history. For the first time, we were in the black figures for two months in a row and also achieved record revenue. Welcome to our Open Startup Report for May 2023.
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Friendly is “profitable” again: Open Startup Report April 2023
We are celebrating the third “profitable” month in our history and the highest monthly profit. Welcome to our Open Startup Report for April 2023. April at Friendly in Numbers * Figures for previous months not comparable, see below These were the key developments in April: Revenues: Recurring software revenue increased slightly, consulting revenue significantly Our […]
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Two new records and another setback: Open Startup Report March 2023
So far, we have had a new record in every month of 2023. March is no exception with two records. Welcome to our Open Startup Report for March 2023. March at Friendly in Numbers These were the key developments in March: Revenues: minimal decline in recurring software revenue, significant increase in consulting revenue Our monthly […]
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One step back, two steps forward: Open Startup Report February 2023
Our software revenue is at a record level, costs have fallen, but unfortunately so has consulting revenue: Welcome to our Open Startup Report for February 2023. February at Friendly in Numbers These were the key developments in February: Revenues: Recurring software revenue increased slightly, consulting revenue decreased Our monthly recurring revenue from software subscriptions increased […]
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A month of records: Open Startup Report January 2023
We set new records for both income and expenses, resulting in only a small loss: Welcome to our Open Startup Report for January 2023. January at Friendly in Numbers These were the key developments in January: Revenues: Recurring software revenue increased slightly, consulting revenue at record level Our monthly recurring revenue from software subscriptions increased […]
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