My Business Is Dying

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News Source : Bankstatementconverter.com

News Summary

  • Revenue and Monthly Recurring Revenue are down significantly since we peaked in February 2026.
  • It’s probably because more people are cancelling subscriptions and fewer people are buying subscriptions.
  • People are using AI to convert their bank statements.
  • This works pretty well if you only have a few pages of bank statements to convert.
  • If you have hundreds of pages, then you’ll need to pay for AI to do the conversion.
  • AI chat bots can convert PDF to Excel files, but they’re slower and more expensive.
Revenue and Monthly Recurring Revenue are down significantly since we peaked in February 2026. Revenue is down 24% since February 2026. Monthly Recurring Revenue is down 12% since February 2026.

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