9 Best Shopify Profit Calculator Apps to Boost Profits

In the world of e-commerce, understanding and optimizing profitability is paramount to the success of any Shopify store. To simplify this complex task and empower online businesses to make data-driven decisions, Shopify profit calculator apps have emerged as invaluable tools. These applications are designed to streamline the process of tracking, analyzing, and maximizing profits for Shopify store owners.

Shopify profit calculator apps are more than just financial calculators; they are comprehensive solutions that offer a wide range of features to enhance an e-commerce business’s financial health. By seamlessly integrating with your Shopify store, these apps automatically gather and organize critical data, making it easily accessible and actionable.

Fortunately, there are several Shopify profit calculator apps available to help you track and maximize your profits. In this blog post, we’ll explore nine of the best Shopify profit calculator apps that can empower you to boost your profits.

Quick Overview of Best Shopify Profit Calculator Apps

9 Best Shopify Profit Calculator Apps

Lifetimely LTV & Profit by AMP – Lifetimely.io

Lifetimely LTV & Profit by AMP is a powerful app that offers comprehensive profit analytics for your Shopify store. It provides valuable insights into customer lifetime value (LTV) and helps you track and optimize your profitability. With its user-friendly interface and robust features, this app is a must-have for serious e-commerce entrepreneurs.

Features:

• Lifetimely allows you to track your profit and loss (P&L) with automated reports. It integrates with more than 10 marketing and shipping platforms to consolidate all your data in one place.
• Lifetimely provides customizable dashboards and email reports. You can choose your key performance indicators (KPIs) and have them displayed in a way that suits your business needs.
• The app offers advanced cohort analysis tools that helps you identify patterns in customer purchase behavior over time, enabling you to make data-driven decisions and improve customer retention strategies.
•  Lifetimely includes Customer Acquisition Cost (CAC) payback calculators to help you assess how quickly your marketing investments are paying off.
• Lifetimely provides month-to-month projections of LTV and revenue for your existing customer base.
• The app offers over seven in-depth reports that reveal your customers’ repeat buying habits.

Pricing:

• FREE – Free
• BASIC – $34/month
• PRO – $75/month
• PLUS – $149/month

TrueProfit: Profit Analytics – TrueProfit Real-time Profit & LTV tracking

TrueProfit is a profit analytics app designed to help Shopify merchants understand their true profitability. It provides detailed reports on product-level and store-wide profitability, allowing you to make data-driven decisions to maximize your earnings. The app also offers predictive analytics to help you plan for the future.

Features:

• TrueProfit offers a real-time Profit Dashboard that allows you to instantly monitor your store’s true profit. This feature eliminates the need for manual data entry and provides a clear picture of your store’s financial health.
• The app automatically tracks all costs associated with your e-commerce business, including Cost of Goods Sold (COGS), shipping costs, transaction fees, and even custom expenses.
• TrueProfit integrates with various advertising platforms, including Facebook, Google, Bing, Snapchat, TikTok, and Amazon, to sync your ad spend data in real-time that assesses the performance of your ad campaigns.
• With TrueProfit, you can access detailed product-level net profit data, ad spend, and more than 15 other relevant metrics.
• TrueProfit provides insights into LTV, allowing you to assess the value of each customer and tailor your marketing efforts accordingly.
• The app generates P&L reports, giving you a comprehensive overview of your store’s financial performance. 
• TrueProfit offers a mobile app, enabling you to access your e-commerce data on the go.
• The app provides an all-store view, allowing you to manage and analyze multiple stores from a single dashboard.

Pricing:

• BASIC – $25/month
• ADVANCED – $50/month
• ULTIMATE – $100/month
• ENTERPRISE – $200/month

BeProfit ‑ Profit Analytics – BeProfit ?

BeProfit is another excellent profit analytics app for Shopify. It offers customizable profit reports, cost tracking, and integration with multiple e-commerce platforms. With BeProfit, you can gain a clear picture of your expenses and revenue, making it easier to identify areas for improvement.

Features:

• BeProfit provides real-time tracking of your profit and loss (P&L) through an intuitive analytics dashboard.
• The app allows you to analyze various aspects of your business, including order metrics, shipping, inventory, marketing costs, attribution, and profits.
•  BeProfit integrates seamlessly with your store platform, marketing channels, accounting software, payment processor, and shipping accounts.
• BeProfit allows you to sync your advertising platforms, expenses, and order data.
• You can schedule custom reports and have them emailed directly to you, ensuring that you receive the information you need when you need it.
• BeProfit is accessible from anywhere and at any time, allowing you to check your financial data and collaborate with your team members, even when you’re on the go.
• The app enables you to analyze customer lifetime value, Return on Ad Spend (ROAS), and Customer Acquisition Cost (CAC) using cutting-edge cohort analysis. 
• BeProfit offers UTM tracking for ads, email campaigns, affiliates, and influencers.

Pricing:

• STARTER PLAN – Free to install
• BASIC PLAN – $25/month
• PRO PLAN – $75/month
• ULTIMATE PLAN – $150/month

Sellerboard Profit Analytics – Sellerboard

Sellerboard is a comprehensive profit analytics solution for Shopify and Amazon sellers. It tracks your sales, expenses, and calculates your net profit in real-time. The app’s intuitive dashboard provides a quick overview of your store’s performance and allows you to optimize your pricing and product selection.

Features:

• Sellerboard offers a real-time dashboard that provides an at-a-glance view of your profits and losses. This dashboard allows you to quickly assess your financial performance and make informed decisions based on up-to-the-minute data.
• The app enables you to drill down into specific periods, products, brands, or expenses to gain a detailed understanding of your profitability.
• Sellerboard seamlessly integrates with marketing channels, syncing ad costs, sales data, and attribution information by product or UTM tag.
• You can track Customer Lifetime Value (LTV) with Sellerboard, allowing you to assess the long-term value of your customers and plan your Customer Acquisition Costs (CAC) accordingly.
• Sellerboard offers flexible reporting options. You can download spreadsheet reports in various formats or choose to receive them via email.
• The app allows you to enter your Cost of Goods Sold (COGS) by batch, period, as a percentage of the price, or as fixed values.

Pricing:

• Free

Conversific Profit Analytics – Conversific Profit Analytics

Conversific is a profit analytics app that goes beyond basic tracking. It provides insights into your store’s performance, customer behavior, and profitability. With features like A/B testing, you can experiment with different strategies to increase your profits and grow your business.

Features:

• Conversific enables you to calculate your true profit with ease. It provides a comprehensive view of your profitability by unifying data from various sources, including Shopify, Google Analytics, Facebook, and other marketing channels.
• The app offers ROI-based insights, allowing you to assess the return on investment for every marketing spend.
• Conversific provides conversion rate analytics for each funnel in your sales process. You can pinpoint areas with lower conversion rates and optimize them to increase sales and revenue.
• The app enables you to analyze customers’ buying patterns and identify trends.
• Conversific provides insights into AOV and LTV, allowing you to understand the value of each customer and their purchasing behavior over time.
• You can assess your ROAS for different marketing campaigns and products, helping you determine which investments are most profitable and where you should focus your marketing efforts.
• Conversific offers industry benchmarks, allowing you to compare your performance with competitors.
• The app allows you to segment your audience and identify your most loyal customers. 
• Conversific provides personalized recommendations to improve traffic, sales, and profit.

Pricing:

• FREE – Free
• BUSINESS – $29/month
• GROWTH – $79/month
• SCALE – $199/month

Admetrics Profits – Admetrics

Admetrics Profits focuses on helping Shopify merchants optimize their ad spend to maximize profits. It provides detailed ad performance analytics, allowing you to allocate your advertising budget more effectively. By understanding which ads are driving the most revenue, you can make informed decisions to boost your ROI.

Features:

• Admetrics Profits enables you to effortlessly track your store’s profit and loss. It synchronizes marketing and operational expenses, providing comprehensive reports that give you a clear picture of your financial performance.
• The app provides compelling reports and dashboards that allow you to monitor expenses such as ad spend, Cost of Goods Sold (COGS), shipping fees, transaction costs, and variable costs.
• Admetrics Profits seamlessly connects with various advertising platforms, including Meta (Facebook), Bing, Google, Snapchat, TikTok, and more.
•  You can get insights on your most profitable products using Admetrics Profits.
• Admetrics Profits provides an understanding of your Contribution Margin 3 (CM3), which is a measure of profitability that accounts for variable costs.
• The app offers in-depth reporting on new customer Return on Ad Spend (ROAS), revenue, repurchase rates, and Average Order Value (AOV). 

Pricing:

• Free

SimplyCost ‑ Profit Tracking – Zapfor Apps

SimplyCost is a user-friendly profit tracking app that simplifies expense tracking and profit calculations for your Shopify store. It integrates seamlessly with your store and provides real-time insights into your financial performance. With its intuitive interface, you can quickly identify areas where you can reduce costs and increase profits.

Features:

• SimplyCost automatically tracks your store’s profit by subtracting your business expenses from sales revenues.
• The app allows you to connect and pull advertising spend data from major advertising platforms.
• You can easily add custom one-off or recurring expenses within SimplyCost.
• SimplyCost enables you to set up processing fee rates for each payment gateway you use. This feature ensures that you account for transaction fees accurately, even if your store uses multiple payment processors.
• If your store does not use Shopify Payments, SimplyCost allows you to set up and track Shopify transaction fees separately.
• SimplyCost provides easy access to sales and product profit reports that you can view and filter at any time.

Pricing:

• PROFESSIONAL – $4.99/month

Accountify: Profit & Expense – Accountify Apps

Accountify is an app that focuses on profit and expense tracking. It helps you keep a close eye on your costs and revenue, making it easier to optimize your pricing strategies and product offerings. With Accountify, you can make informed decisions to boost your bottom line.

Features:

• Accountify provides real-time profitability analysis, allowing you to monitor your store’s financial health in real-time.
• Accountify helps you accurately track and understand  product costs, shipping costs, and transaction fees.
• Accountify automatically pulls in data from your advertising accounts on platforms like Facebook, Google, Snapchat, and TikTok.
• Accountify allows you to configure your costs for accuracy. This customization ensures that your expense tracking is aligned with your specific business needs, providing you with precise insights into your profitability.
• The app provides detailed order and product profitability reports.
• You can have daily reports emailed to you, allowing you to keep track of your store’s profit effortlessly and stay informed about your financial performance.

Pricing:

• START UP – Free to install
• GROWTH – $11.90/month

Delirious Profit – Delirious Apps

Delirious Profit is a profit analytics app designed to help Shopify store owners understand their true profitability. It offers detailed reports on sales, expenses, and profits, allowing you to identify areas for improvement and maximize your earnings. The app’s user-friendly interface makes it easy to navigate and utilize its features effectively.

Features:

• Delirious Profit provides an intuitive user interface that makes it easy to input and access your data.
• The app simplifies margin calculation by allowing you to add the cost price (COGS – Cost of Goods Sold) to your product variants. Delirious Profit then automatically calculates and displays the margin you’ve made on each product.
• Delirious Profit offers powerful reporting capabilities that allow you to quickly break down your data.
• The app prides itself on providing responsive and helpful customer support. If you encounter any issues or have questions about using the tool, you can rely on their support team for assistance.
• Delirious Profit allows you to track both single and recurring expenses associated with your Shopify store. This expense tracking feature helps you account for all your costs and provides a more accurate picture of your overall profitability.
• You can also add fees for all your payment gateways, ensuring that all financial transactions are included in your profit and margin calculations.

Pricing:

• GENERAL – $5/month

Wrapping Up

Boosting profits in your Shopify store requires a clear understanding of your financial performance. These nine Shopify profit calculator apps offer valuable insights and analytics to help you track and optimize your profitability. Whether you’re looking to improve your pricing strategies, reduce expenses, or optimize your advertising campaigns, these apps can provide the data-driven insights you need to succeed in the competitive world of e-commerce.

Didn’t find what you were searching for? Hire a Dedicated Shopify Developer that will help you build custom Shopify Apps for your business.

Happy Reading!