Overview

• Documents reviewed by CNBC show the app earns about $1.4 million in gross profit each month after Apple and Google Play fees, with roughly $274,000 in monthly net operating income.
• Cal AI spends nearly $770,000 per month on advertising and marketing and employs about 30 people, alongside other payroll and software costs.
• The app has reached 8.3 million downloads as of July and offers subscriptions at $2.49 per month or $29.99 per year after a free download.
• Users snap a photo to get calorie estimates that the founder says are 90% accurate, though reviews cite frequent misses and the need for manual corrections.
• Yadegari started classes at the University of Miami in August but says he expects to leave within a year and plans to run Cal AI for about two more years before a sale or handoff.