Solo Bank Statement Converter reports $16,000 MRR

Former Hong Kong financial engineer Angus Cheng sells a bank-statement PDF converter to accountants, small businesses and people organizing transactions, with subscriptions around $30–99 a month. In a Founder Reports interview he reported $16,000 MRR, roughly $500 in monthly operating costs and no employees, contractors or freelancers; the revenue is founder-reported rather than payment-processor verified. Early spending of about $5,000 on Google Ads lost money, and cold email converted roughly one in 1,000 before his Gmail account was blocked. Blog content and organic search survived as acquisition, while upload and conversion are self-serve. Limits include the age of the figure, unaudited current profit, financial-file security and ongoing accuracy support.