I have developed an app that attracts approximately 300-500 new users per day, with a daily active user base of around 1000. However, despite this growth, I am struggling to generate revenue and cover the ongoing costs associated with the app’s maintenance.
Is this app still valuable?
It’s impossible to say without seeing the app.
For example, if the entire pitch of your app is “do this for free”, then ever monetizing that is going to be difficult, because your users will probably not want to pay anything.
Then again, if your daily active user base is big enough, you can start to show your users ads and get paid that way.