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9.1
MagnifyProfit logo

MagnifyProfit

Free plan available

Our App can predict lifetime value of your customers.

Predict lifetime value
Track expenses
Forecast profitability
Create income statement
Analyze unit economics
Retention analysis
8 Reviews
9.1

About MagnifyProfit

Launched Apr 05, 2023

Categories

Built by MAGNIFY CAPITAL INC

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Introduction Video

Description

MagnifyProfit helps your store start profit sooner and earn more through break-even analysis.

MagnifyProfit answers five fundamental questions to help your store break even sooner and earn more: 1. How much money did your store earn or lose in the past? 2. Is your store efficient enough to break even through advertising? 3. If not, how can you improve its efficiency? 4. If it is, how much revenue does your store need to generate to reach break-even? 5. After break-even, what will your store’s profit look like, and how can you maximize it?

MagnifyProfit answers five fundamental questions to help your store break even sooner and earn more: 1. How much money did your store earn or lose in the past? 2. Is your store efficient enough to break even through advertising? 3. If not, how can you improve its efficiency? 4. If it is, how much revenue does your store need to generate to reach break-even? 5. After break-even, what will your store’s profit look like, and how can you maximize it? more
  • Acquisition Analysis:Evaluate the performance of all your marketing channels
  • Retention analysis:Uncover customer repurchase patterns and lifetime value
  • Break-even analys: Uncover marketing efficiency and revenue needed to break even
  • Income statement:Income statement automation and simulation

Pros

  • Provides detailed insights into past financial performance.
  • Helps evaluate the efficiency of the store to break even.
  • Offers strategies to improve store efficiency if not breaking even.
  • Estimates the revenue needed to reach break-even.
  • Identifies ways to increase profit post break-even.
  • Facilitates acquisition analysis to assess marketing channel performance.
  • Delivers retention analysis to understand customer repurchase patterns and lifetime value.
  • Automates and simulates income statements for better financial planning.

Cons

  • Potential lack of real-time data can limit immediate decision-making.
  • Requires accurate input data for reliable predictions, which might be challenging for some users.
  • May have a steep learning curve for users unfamiliar with financial analysis concepts.
  • Complex calculations and predictions might be overwhelming for small business owners.

Top Helpful Reviews

WearsWavestrend

Mar 17, 2025  on Shopify

Before using MagnifyProfit, I knew I needed to scale my business by increasing the ad budget while maintaining campaign performance. However, I never knew the exact threshold to balance marketing efficiency with growth. MagnifyProfit solves this challenge by providing Break-even ROAS and Break-even Sales metrics.

Shoe Nest12

Mar 13, 2025  on Shopify

With MagnifyProfit, I get real-time Break-Even ROAS updates for each campaign—all on a single page. No more logging in and out of different ad accounts or wasting time to piece together performance data. In seconds, I can see which campaigns are profitable, which ones need improvement, and where my spending delivers the best returns. It’s a clear, time-saving way to keep my focus on profitable results.

NationMart

Mar 12, 2025  on Shopify

MagnifyProfit has given me the clarity I was missing. My marketing agency did a good job, but they didn’t know my store’s exact cost structure—like shipping fees and product costs—and neither did I. Now, with MagnifyProfit’s real-time monitoring connecting to all my cost data, I see my ad returns over actual costs every day. It’s been a total game-changer for my Shopify store!

Trendy Vibes45

Mar 07, 2025  on Shopify

With MagnifyProfit, I get real-time Break-Even ROAS updates for each campaign—all on a single page. No more logging in and out of different ad accounts or wasting time to piece together performance data. In seconds, I can see which campaigns are profitable, which ones need improvement, and where my spending delivers the best returns. It’s a clear, time-saving way to keep my focus on profitable results.

officialflagpole

Nov 07, 2024  on Shopify

Magnify Profit is our go-to app for analysing revenue and ad expenditure on our store. There's a few other apps which touch on the individual aspects handled by Magnify Profit out of the box, but we haven't found any other which brought it all together. What I most appreciate is immediate overview of all our advertising platforms, with statistics such as customer acquisition cost, presented side-by-side with customer lifetime value report. The thoughtfulness with which the different reports have been composed makes it so much easier to strategize our marketing campaigns---especially in busy periods like now, right before BFCM. Last but not least, Magnify Profit team is full of rockstars who are always available to troubleshoot any doubts and address user requests. Thanks guys!

L'AMOUR

Oct 22, 2024  on Shopify

“We really like the P&L automation feature, which can automatically tracks all our costs, like COGS, shipping fees, and marketing expenses.”

Manx Merch

Oct 14, 2024  on Shopify

We're really impressed with the acquisition analysis report from MagnifyProfit, which allows us to compare the marketing efficiency of various channels like Google, Meta, Bing, Tiktok, Pinterest and more, all in one page.

Blissful Havens

Oct 11, 2024  on Shopify

We’ve been running ads for our Shopify store for a while but were never sure if we were spending our budget effectively. The Marketing Efficiency Report from MagnifyProfit changed that entirely. Using this tool, we quickly identified key areas where we were underperforming. For example, our ROAS (Return on Ad Spend) was sitting at 4.87, but the break-even ROAS we needed was 5.62. This insight alone helped us realize we were not covering costs on certain campaigns.

Ecollective Store

Nov 01, 2023  on Shopify

The ability to automatically generate insights from various sales & marketing channels and other online data sources is a game changer. I no longer have to spend hours crunching numbers and entering data into spreadsheets. This app does it all for me! But what truly sets this app apart is its predictive capabilities. It forecasts my store's profitability based on each customer's lifetime value and acquisition cost. This feature is invaluable for making informed decisions about marketing strategies, customer acquisition and allows me to allocate resources more effectively. Moreover, the user interface is intuitive and aesthetically pleasing. I can quickly access all the data I need, and the app's visualizations make it easy to understand and act upon the insights provided. I'm very excited for other features, analysis and capabilities this app will release in the future. In summary, this app is a must-have for any business owner looking to streamline financial management, increase profitability, and make data-driven decisions. It has made my life easier. I can't recommend it highly enough. ⭐⭐⭐⭐⭐

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