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MRRdeals
FormNX

FormNX

INMRRdeals Score · 47/100
SaaS·Founded Sep 2023·Revenue rank #1,142
Share on X
MRR
$441/mo-12.0%
Asking
$35K
$MRRdeals score
47/100

FormNX is a no-code drag-and-drop form builder that helps to create any kind of form easily in minutes. Key features: AI Form builder, 1000's of templates, Spam protection, conditional fields, Payme

What this SaaS is

No-code drag-and-drop form builder for creating various forms quickly.

Subscription$501/mo MRR · 35 active subsB2B companies looking for easy form creation solutions.
Key features
  • AI Form builder
  • 1000's of templates
  • Spam protection
  • Conditional fields
  • Payment integration
Things to scrutinise
  • Founded <12mo agoLess than 12 months of operating history. Retention is unproven.
  • Single acquisition channelAll customers come from one acquisition channel. Pull the plug and revenue dies.
  • No active customersZero customers reported. Hard to model retention or growth.

Numbers that matter

MRR
$441/mo
Revenue 30d
$478
Cash actually collected
All-time
$11.9K
Active subscriptions
31
Total customers
78
All-time count
Growth 30d
-12.0%
Profit margin
95%
Multiple
6.1x
Asking / ARR
Payback
83.5 mo
At current margin
At a glance
Founded
2.9 yr ago
Listed
7mo ago · stale
Payments
Stripe
Audience
B2B
2.9K visitors / month·$17.00 per visitor
Websiteformnx.com

Tech stack

backend
laravel

Score breakdown

How the composite score above splits across seven independent signals. Each axis is graded 0-100. Hover for details.

ProfitabilityGrowthProductMoatOperabilityRiskMarket
Profitability20/100

Payback period, asking price vs category median multiple, and 30-day profit margin.

Growth0/100

30-day MRR delta, with a small bonus when historical snapshots confirm a sustained climb.

Product74/100

Revenue per visitor, customer count, plus live-site UX signals (pricing reachability, core pages, copyright freshness).

Moat40/100

AI-disruption risk, presence on review platforms (G2, ProductHunt, AppSumo…), penalty when built on no-code rails.

Operability48/100

Diversity of marketing channels, Merchant-of-Record status, cofounder count. Solo founders and no-code stacks get docked.

Risk63/100

Listing freshness, payment provider trust, business age, customer concentration. Higher score = less risky.

Market65/100

Structured market read across TAM, saturation, 3-year trend, and hype cycle, blended with our category momentum signal.

Market read

  • TAM
    mid

    The market for form builders is well-established with numerous players, indicating a mid-sized TAM.

  • Saturation
    mature

    Many competitors exist, making the market mature with little room for new entrants.

  • 3y trend
    growing

    The rise of no-code tools suggests a growing trend in the form builder space.

  • AI disruption
    wrapper killable

    The product is a basic wrapper around existing technology, easily replicable by solo developers.

  • Hype cycle
    mainstream

    No-code solutions are widely adopted, placing this product in the mainstream phase.

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