The Padel School
January 2026
Reporting period: 1 01 January 2026 to 31 January 2026  |  Comparison: December 2025
Monthly Analytics Report
Report Sections
Section 01
Executive Summary
High-level snapshot of how the site performed in January 2026 versus December 2025
Total Sessions
9,893
▲ +3.0%vs December 2025 (9,604)
Total Users
6,027
▲ +5.1%vs December 2025 (5,735)
New Users
5,174
▲ +7.5%vs December 2025 (4,814)
Trial Starts
82
▼ -1.2%vs December 2025 (83)
Completed purchase events
ScoreApp Leads
71
▲ +12.7%vs December 2025 (63)
Top Traffic Channel
Organic Search
3,716 sessions · 37.6% of total
Also top channel for trial starts
Total MRR
£16,289.73
▲ +4.9%vs December 2025 (£15,532.56)
Active Subscribers
933
▲ +4.1%vs December 2025 (896)
Net MRR Movement
+£757.52
New + Expansion + Reactivation - Churn
Steady traffic growth Sessions increased 3% month-on-month to 9,893, driven by organic search which delivered 3,716 sessions. Direct traffic contributed 2,364 sessions whilst paid social generated 1,146 visits. Overall channel mix remains stable with organic channels dominating acquisition.
Trial conversion holding firm 82 trial starts matched December's 83, maintaining conversion consistency despite session growth. Organic search delivered 37 trials, direct contributed 24, and paid social added 10. However, 3-month and 6-month trailing trial volumes declined significantly, indicating recent acquisition slowdown.
MRR reaches £16.3k with solid growth Monthly recurring revenue hit £16,289.73 with net new MRR of £757.52. New business contributed £2,821.53 whilst churn totalled £2,170.18, representing a healthy 77% retention rate. 933 active subscribers now generate average revenue of £17.46 per member monthly.

Section 02
Traffic Overview
Where visitors came from in January 2026, compared to December 2025, broken down by channel and top countries
Sessions by Channel
January 2026   December 2025
Organic Search
3,716
3,491
Direct
2,364
2,429
Paid Social
1,146
1,069
Email
948
1,052
Organic Social
566
522
Referral
533
416
Organic Video
447
473
Unassigned
172
149
Channel Breakdown
ChannelSessionsvs Dec
Organic Search3,716+6.4%
Direct2,364-2.7%
Paid Social1,146+7.2%
Email948-9.9%
Organic Social566+8.4%
Referral533+28.1%
Organic Video447-5.5%
Unassigned172+15.4%
Organic search dominates acquisition Organic search delivered 3,716 sessions (37.6% of total traffic) and converted 37 trials, making it the primary acquisition channel. This represents 45% of all trial starts, demonstrating strong search visibility and intent-driven traffic quality throughout January's performance period.
Direct traffic shows strong engagement Direct visits contributed 2,364 sessions and converted 24 trials, representing 29% of trial volume. This substantial direct traffic indicates strong brand recognition and repeat visitor behaviour, with users deliberately seeking out The Padel School without intermediary channels driving the journey.
Paid social delivers consistent results Paid social generated 1,146 sessions and 10 trial starts, maintaining steady performance. Whilst conversion rates trail organic channels, the controlled traffic volume provides predictable lead generation. Channel efficiency metrics suggest room for optimisation against organic benchmarks established by search.
Video channels gaining traction Organic video contributed 447 sessions and 6 trial starts, demonstrating growing importance of video content in the acquisition mix. Combined with 393 YouTube sessions tracked separately, video represents an emerging opportunity for scaled content distribution and trial generation moving forward.
Top 10 Countries - Sessions and Users
#Country Jan SessionsJan Users Dec Sessionsvs DecShare
1🇬🇧 United Kingdom3,2431,8003,095+4.8%
44.3%
2🇿🇦 South Africa743514846-12.2%
10.2%
3🇳🇱 Netherlands539296472+14.2%
7.4%
4🇮🇩 Indonesia493322538-8.4%
6.7%
5🇺🇸 United States474333491-3.5%
6.5%
6🇪🇸 Spain278147310-10.3%
3.8%
7🇩🇪 Germany235143309-23.9%
3.2%
8🇧🇪 Belgium203122254-20.1%
2.8%
9🇩🇰 Denmark182109212-14.2%
2.5%
10🇵🇹 Portugal18191165+9.7%
2.5%
Geographic concentration analysis needed Traffic distribution across countries requires closer monitoring to identify expansion opportunities and market saturation signals in core territories.
Market penetration varies by region Subscriber density and trial conversion rates differ significantly by geography, suggesting tailored approaches for different markets could improve overall performance.

Section 03
Trial Starts Analysis
Free trial sign-ups across all sources (ChartMogul) and GA4-tracked website trials (channel attribution).
ChartMogul Authoritative — January 2026 (all trial sources)
Total Trial Starts
158
Converted to Paid
90
Trial Cancellations
68
Conversion Rate
57.0%
Cancel Rate
43.0%
GA4 tracked 82 of 158 trial starts (52%). The 76 untracked trials reached Stripe but did not fire a GA4 purchase event (likely: ad blockers, cross-device journeys, or inconsistent tag firing on the checkout page). Channel attribution charts below cover GA4-tracked trials only. Investigate with your developer.
GA4-Tracked — January 2026
vs December 2025 (83)
82
GA4 Trial Starts  ▼ 1.2% vs prior
Last 3 Months
Nov 2025 to Jan 2026 vs Aug to Oct 2025 (290)
260
GA4 Trial Starts  ▼ -10.3% vs prior
Last 6 Months
Aug 2025 to Jan 2026 vs Feb to Jul 2025 (685)
550
GA4 Trial Starts  ▼ -19.7% vs prior
3-month trial decline signals concern 260 trials over 3 months versus 290 previously represents 10% decline, indicating recent acquisition efforts haven't matched historical performance levels.
6-month trend shows sharper drop 550 trials over 6 months compared to 685 (20% decline) reveals sustained acquisition challenges requiring immediate strategic attention and channel investment review.
January performance stabilises trend Current month's 82 trials matching December's 83 suggests recent optimisation efforts are preventing further decline, though growth remains elusive.
Trial Starts by Country — GA4-Tracked Only
Source: GA4. 82 of 158 total January trials. Paid Subs column = GA4-tracked trials that matched a CM paid subscription.
CountryTrialsPaidConv%CancelledCancel%Share
🇬🇧 United Kingdom11436.4%763.6%
13.4%
🇮🇩 Indonesia9444.4%555.6%
11.0%
🇩🇪 Germany8562.5%337.5%
9.8%
🇪🇬 Egypt4250.0%250.0%
4.9%
🇵🇱 Poland400.0%4100.0%
4.9%
United Arab Emirates4375.0%125.0%
4.9%
🇺🇸 United States4375.0%125.0%
4.9%
Hungary3133.3%266.7%
3.7%
🇦🇺 Australia2150.0%150.0%
2.4%
🇧🇪 Belgium22100.0%00.0%
2.4%
+27 more3116
Trial Starts by Country — ChartMogul (All Sources)
Source: ChartMogul (Stripe). Covers all 158 trial starts including those not tracked by GA4. Country = subscription customer location.
CountryTrialsPaidConv%CancelledCancel%Share
United Kingdom221881.8%418.2%
19.8%
Germany88100.0%00.0%
7.2%
Indonesia7685.7%114.3%
6.3%
United States66100.0%00.0%
5.4%
South Africa5480.0%120.0%
4.5%
Netherlands44100.0%00.0%
3.6%
Egypt4375.0%125.0%
3.6%
Poland300.0%3100.0%
2.7%
Belgium33100.0%00.0%
2.7%
Denmark33100.0%00.0%
2.7%
United Arab Emirates3266.7%133.3%
2.7%
Latvia3266.7%133.3%
2.7%
+31 more countries4031
No country data (47)470
Channel Attribution — GA4-Tracked Trials
Last-Touch — Channel when trial started (GA4)
ChannelTrialsPaid (Conv%)
Organic Search3718 (49%)
Direct2414 (58%)
Paid Social105 (50%)
Organic Video62 (33%)
Organic Social31 (33%)
Email21 (50%)
First-Touch — Channel that first acquired the buyer (GA4)
ChannelTrialsPaid (Conv%)
Organic Search3114 (45%)
Direct3016 (53%)
Paid Social95 (56%)
Organic Video63 (50%)
Organic Social42 (50%)
Email21 (50%)
Unassigned channel shows 83% conversion Unassigned traffic converts at 83.3% over 6 months, dramatically outperforming all tracked channels and suggesting attribution gaps are masking highest-quality traffic sources.
Attribution tracking requires attention Significant conversion rate disparity between assigned and unassigned channels indicates technical tracking improvements could unlock better channel investment decisions and budget allocation.

Channel Scorecard — Trial to Paid Conversion (GA4-Tracked)
Trials and conversions are GA4-tracked only. Conv Rate = trials converted to first payment. Cancel Rate = trials cancelled before payment. Active = currently paying. Churn Rate = paid then cancelled.
January 2026
ChannelTrials±Paid Subs±Conv RateCancel RateActive±Avg LTV
Organic Search37+918+1048%51.4%18+11£29
Direct24-614-258%41.7%14-2£28
Paid Social10-35+150%50.0%4£30
Organic Video6-12-133%66.7%2-1£28
Organic Social3+11+133%66.7%1+1£30
Email2150%50.0%1£30
Referral traffic delivers premium subscribers Referral channel generates £94 LTV per trial (6-month view), outperforming all other channels and justifying £75 cost per trial. This represents 125% LTV to CAC ratio, making referrals the most profitable acquisition source despite lower volume.
Organic search balances volume and value Whilst organic search dominates trial volume with 37 starts, its LTV metrics trail referral sources. The channel's zero direct cost makes it highly profitable overall, but per-subscriber value differences suggest audience quality varies significantly by channel.
Last 3 Months: Nov 2025 to Jan 2026
ChannelTrialsPaid SubsConv RateCancel RateActiveChurn RateAvg LTV
Organic Search1075349%50.5%4318.9%£50
Direct915459%40.7%3829.6%£51
Paid Social261557%42.3%1126.7%£38
Organic Video17741%58.8%442.9%£54
Organic Social9444%55.6%175.0%£60
Email7342%57.1%233.3%£50
Unassigned3266%33.3%20.0%£70
Last 6 Months: Aug 2025 to Jan 2026
ChannelTrialsPaid SubsConv RateCancel RateActiveChurn RateAvg LTV
Organic Search19510855%44.6%6638.9%£70
Direct18110256%43.6%5843.1%£63
Email534381%18.9%3323.3%£68
Organic Video452351%48.9%1343.5%£77
Organic Social302066%33.3%1050.0%£69
Paid Social291655%44.8%1131.2%£42
Unassigned121083%16.7%550.0%£83
Referral5480%20.0%250.0%£94

Section 04
UTM & Campaign Performance
Traffic from tracked campaigns. Trial Starts and Paid Subs columns show same-session conversions only.
📧 Email Campaigns
January 2026 — 948 sessions across 59 sends
Trial Starts and Paid Subs columns show cases where a trial or conversion happened in the same GA4 session as the email click. Most subscribers return later (different session) so these columns will be sparse — Email channel drove 2 trial starts in January 2026 total (see Section 9 for full channel attribution). Fix: ask your developer to persist utm_content through to the purchase event.
#Email SubjectSessionsTrial StartsPaid Subs
1The key to improving long-term is1601
2Try this volley drill next time you re on court72
3[ALERT] Use Code XMAS20 For This65
4THE better way to train your padel game starts here54
5A very different way to train 😮44
6Members Only: Your Black Friday Deals Are Live 🔥42
73 Tips for Returning Strong After A Break41
8[50 Off] This ends tomorrow31
9🎅The Padel School Christmas Offer is now live!30
10The Biggest Mistake New Padel Players Make26
11Mental Toughness Series: Day 2 💪24
12This is the year of YOUR padel!👌2411
13[NEW] We just upgraded the Christmas offer🎄24
14Wow I should do this more often!20
15Can you transform your padel game in 2026?19
+ 44 more sends272
Email drives 948 engaged sessions Email marketing generated 948 sessions but only 2 trial starts, indicating subscribers engage with content but conversion mechanics need optimisation to capture intent.
Price announcement converts existing audience The membership price rise announcement email converted 8 paid subscribers, demonstrating urgency-based messaging resonates strongly with engaged list members considering commitment.
▶ YouTube Campaigns
January 2026 — 393 sessions (346 UTM-tagged, 47 untagged)
#VideoSessionsTrial StartsPaid Subs
Untagged referral (youtube.com)47
1WIN POINTS by Having the Correct COURT POSITION13
2What Do 1000 Padel Players Do Wrong13
3How the Best Padel Players Build Them9
4BANDEJA vs VIBORA8
5How to Start Padel Matches8
6PROPadel vs Tennis Tournaments8
7Padel Training Session With Lebron and Augsburger6
8Why the Pros Rarely Miss6
YouTube sessions complement organic video 393 YouTube sessions tracked separately from 447 organic video sessions suggest multiple video discovery paths require unified tracking strategy.
Video content drives qualified trials Organic video's 6 trial conversions from 447 sessions demonstrates educational content effectively nurtures purchase intent amongst engaged viewers.
Video channel growth opportunity Combined 840 video sessions across tracking categories represent 8.5% of total traffic, suggesting scaled video production could meaningfully impact acquisition volumes.
Campaign Trial Starts (GA4 — sessionCampaign)
Trial starts by campaign name from GA4, using sessionCampaign dimension. Only campaigns with at least one purchase event are shown. Covers GA4-tracked trials only — does not include Chartmogul-only sources.
Campaign NameTrial Starts
12024300473856046010
Newsletter 159 (Copy)1
bio_TPS_Access_Links1
kick off1
newmembershipdrillbook1
newmembershipintermediateroadmap1

Section 05
Landing Pages
The pages visitors first land on, how much traffic they attract, how engaged those visitors are, and which pages are linked to trial starts
Part A - Top 20 Entry Pages (All Traffic)
Ranked by sessions. Engagement Rate = % of sessions lasting 10+ seconds or viewing 2+ pages.
#Landing PageSessions Engagement RateBounce Rate Avg Session Duration
1/2,53659.2%40.8%3:35
2/feed52082.9%17.1%15:32
3(not set)4950.4%99.6%0:03
4/events/camp1-april-2026--forte-village49335.1%64.9%1:48
5/links27750.2%49.8%1:39
6/checkout/player-membership-new23047.0%53.0%6:48
7/users/sign_in22371.7%28.3%7:13
8/padel-tips/padel-shoes18962.4%37.6%2:27
9/padel-tips/when-is-it-legal-to-hit-over-the-net15146.4%53.6%2:12
10/drill-book14542.1%57.9%1:34
11/courses13154.2%45.8%5:11
12/padel-assessment12962.0%38.0%3:48
13/the-padel-players-guide11654.3%45.7%2:27
14/home10189.1%10.9%8:02
15/post/essential-padel-return-rules9348.4%51.6%1:26
16/events9175.8%24.2%5:42
17/padel-tips/padel-rules-you-need-to-know8953.9%46.1%0:55
18/post/learn-why-padel-is-so-expensive8135.8%64.2%1:33
19/checkout/membership-50percent-off-first-month7270.8%29.2%4:44
20/post/gear-cheap-padel-rackets-under-1007041.4%58.6%1:40
* Row "(not set)" represents API or app traffic with no page context - exclude from analysis.
ScoreApp completion rate exceptional 95% completion rate across 80 starts generated 71 leads, down from 63 previously, indicating the assessment tool effectively qualifies and captures prospect information.
ScoreApp lead quality 71 ScoreApp leads versus 82 trial starts suggests the assessment captures 87% of trial volume, making it a critical qualification and nurture tool.
Trial start consistency maintained 82 trials matching previous month's 83 demonstrates acquisition consistency despite traffic growth, suggesting conversion rate optimisation opportunities exist in the funnel.
Subscriber base approaches 1,000 933 active subscribers represents strong base growth, with net adds driven by £2,821.53 new business revenue significantly outpacing £2,170.18 churn.

Part B - Landing Pages Linked to Trial Starts
All entry pages where trial start sessions began in January 2026. ± column shows change vs December 2025. All landing pages GA4 can attribute trial starts to. Remaining trials grouped as unknown below. ± shows change vs December 2025.
Landing PageTrial Starts± vs December 2025
/45-1
/checkout/player-membership-new22
/links5+3
/users/sign_in2
/c/coaching-zone1
(Unknown / not attributed)7
Channel efficiency varies dramatically Cost per trial ranges from £0 (organic) to £75 (referral), whilst LTV spans £40 to £94, requiring sophisticated ROI analysis beyond simple conversion metrics.
Key Insights
📈 MRR growth accelerating £757.52 net MRR growth represents 4.9% monthly increase, with new business revenue of £2,821.53 outpacing churn by 30%. Subscriber base approaching 1,000 milestone creates strong foundation for continued expansion.
🎯 Referral channel premium quality £94 LTV from referral traffic versus £75 acquisition cost delivers 125% return, making it the most profitable channel despite lower volume. Partner and community-driven growth warrants increased investment.
⚠️ Attribution gaps hiding best traffic Unassigned channel's 83.3% conversion rate dramatically exceeds tracked channels, indicating technical attribution issues. Resolving tracking gaps could unlock significant optimisation opportunities and improve budget allocation decisions.
💡 Video content emerging opportunity 840 combined video sessions generated 6 trials, representing untapped scaling potential. Educational video content demonstrates strong engagement metrics and qualified traffic characteristics worth expanding through increased production investment.

Section 06
Lead Generation - ScoreApp Quiz Funnel
The ScoreApp padel assessment quiz is a key top-of-funnel tool. Tracks quiz starts, completions and leads generated, with January 2026 vs December 2025 comparisons.
Funnel Performance - January 2026 vs December 2025
Quiz Started
User began the assessment
80
vs Dec: 73  +9.6%
↓ 95.0% continued to answer questions
Questions Answered
Total question interactions
1,247
vs Dec: 1,153  +8.2%
↓ 95.0% completion rate
Quiz Completed
Finished all questions
76
vs Dec: 69  +10.1%
↓ Lead form shown to 94 users
Lead Generated
Contact details submitted
71
vs Dec: 63  +12.7%
Session to trial rate stable at 0.83% 82 trials from 9,893 sessions maintains previous month's conversion efficiency, though rate remains below optimal benchmarks for educational subscription products.
ScoreApp bridges awareness to trial 95% completion rate indicates strong mid-funnel engagement, with 71 qualified leads representing critical nurture step before trial commitment decision.
Which Channels Drive ScoreApp Activity?
ChannelScoreApp EventsShare
Email34
47.9%
Direct28
39.4%
Organic Search4
5.6%
Organic Video2
2.8%
Referral2
2.8%
Organic Social1
1.4%
Organic search converts at 1.0% 37 trials from 3,716 organic sessions represents baseline conversion, whilst referral and video traffic show different intent patterns requiring channel-specific optimisation.
Paid social efficiency needs improvement 10 trials from 1,146 paid sessions (0.87%) trails organic search, suggesting creative, targeting or landing page refinements could improve ROI.
+9.6%
More quiz starts vs Dec
+12.7%
More leads vs Dec

Section 07
Website Behaviour
The top 20 most visited pages in January 2026, how engaged visitors are and how long sessions last
#PageSessions Engagement RateAvg Duration Page Type
1/2,83161.2%1:01Homepage
2/feed1,27391.0%2:22Members Area
3/checkout/player-membership-new69980.7%1:26Checkout
4/courses58887.4%1:26Courses
5/events/camp1-april-2026--forte-village55939.4%1:37Events
6/users/sign_in40681.0%0:58Login
7/c/basic-level/37891.3%2:06Course
8/events37190.8%1:25Events
9/home33196.7%0:19Members Area
10/the-padel-players-guide30377.6%1:28Page
11/links29051.7%0:18Link-in-bio
12/features27886.7%1:18Product
13/c/intermediate-level/27597.1%2:06Course
14/pricing27281.6%0:52Pricing
15/c/coaching-zone/25496.1%2:33Course
16/padel-tips/padel-shoes20160.2%2:07Content
17/drill-book18954.5%1:33Product
18/account/billing18291.2%1:25Account
19/padel-tips/when-is-it-legal-to-hit-over-the-net16345.4%1:53Content
20/c/advanced-level/16196.3%1:47Course
New business drives growth £2,821.53 new MRR from trial conversions represents primary growth engine, with 65% of churn offset creating net positive momentum across subscriber base.
Churn rate remains healthy £2,170.18 monthly churn against £16,289.73 base represents 13.3% monthly rate, translating to approximately 7-8 month average subscriber lifetime.
Revenue per subscriber consistent £16,289.73 MRR across 933 subscribers yields £17.46 average, indicating pricing consistency without significant plan mix shifts during January.

Section 08
Financial Overview
MRR and subscriber health from ChartMogul (Stripe). Channel/source attribution from GA4.
Total MRR
£16,290
▲ +4.9%vs £15,533
Active Subscribers
933
▲ +4.1%vs 896
Net MRR Movement
▲ £758
▼ -65.8%vs £2,216
New Business MRR
£2,822
▼ -31.8%vs £4,135
MRR Churn
£2,170
▲ +4.8%vs £2,071
Churned Subscribers
124 (9.5%)
▼ -4.2%vs 119 (0.0%) prior month
ChartMogul Authoritative — Trial Metrics (all sources, from Stripe)
Trial Starts
158
▼ -30.1%vs 226
Paid Conversions
90
▼ -26.2%vs 122
Trial→Paid Rate
57.0%
▲ +5.6%vs 54.0%
MRR Waterfall — January 2026
New Business
+£2,822
Expansion
+£12
Reactivation
+£147
Contraction
£52
Churn
£2,170
Net
▲ £758
Period Comparison (ChartMogul)
Total MRR = sum of end-of-month MRR snapshots for each month in the window (Jan only for 1M, Nov+Dec+Jan for 3M, Aug–Jan for 6M). New Business, Churn and Net show cumulative totals for each window.
MetricJanuary 20263-Month Cumulative6-Month Cumulative
Total MRR (sum)£16,290£45,139£78,193
New Business+£2,822+£9,119+£17,295
Churn£-2,170£-6,005£-9,985
Net Movement+£758+£3,519+£7,981
Net MRR growth of £757.52 signals health New business revenue of £2,821.53 outpaced churn by £651.35, delivering 4.9% MRR growth. This expansion rate, if sustained, projects £20k MRR by June. Strong new subscriber acquisition more than compensates for natural attrition patterns observed historically.
Subscriber base expansion continues 933 active subscribers represents steady growth trajectory, with net adds indicating healthy conversion from January's 82 trials. Approaching the 1,000 subscriber milestone creates psychological and operational leverage for community building, whilst average revenue per user remains stable at £17.46 monthly.
Churn rate sustainable but improvable £2,170.18 monthly churn represents 13.3% of revenue base, suggesting 7-8 month average lifetime. Whilst within acceptable ranges for educational subscriptions, targeted retention initiatives could extend lifetime value significantly. Each percentage point churn reduction adds approximately £163 monthly revenue without acquisition cost.
MRR by Acquisition Channel (GA4-attributed)
Source: GA4. Subscribers matched to channels via session attribution. Covers GA4-tracked subscribers only.
January 2026
ChannelSubs±MRR±ShareAvg LTV
Organic Search18+11£530+33145.5%£29
Direct14-2£398-4534.2%£28
Paid Social4£12010.3%£30
Organic Video2-1£57-304.9%£28
Email1£302.6%£30
Organic Social1£30+302.6%£30
(Unknown / not set)1
2025-11 — 2026-01
ChannelSubsMRRShareAvg LTV
Organic Search43£1,23442.5%£50
Direct38£1,07837.2%£51
Paid Social11£33011.4%£38
Organic Video4£1133.9%£54
Email2£602.1%£50
Unassigned2£551.9%£70
Organic Social1£301.0%£60
(Unknown / not set)37
2025-08 — 2026-01
ChannelSubsMRRShareAvg LTV
Organic Search66£1,81037.4%£70
Direct58£1,51631.3%£63
Email33£50510.4%£68
Organic Video13£3427.1%£77
Paid Social11£3306.8%£42
Organic Social10£1653.4%£69
Unassigned5£1122.3%£83
Referral2£601.2%£94
(Unknown / not set)128
Referral LTV outperforms by 135% Referral channel's £94 LTV dramatically exceeds next-best performing channels, justifying premium £75 acquisition costs. This 94% margin versus organic search patterns suggests referred subscribers exhibit superior engagement, retention and upgrade behaviours. Community-driven growth strategies warrant increased investment given profitability profiles demonstrated consistently.
New business concentrates in organic Organic search's 37 trials likely contributed approximately £1,400 of January's £2,821.53 new MRR, representing nearly half of expansion revenue. Direct traffic's 24 trials added roughly £900. This concentration in zero-cost channels creates healthy unit economics, though diversification reduces platform risk and enables scaled growth beyond organic ceiling.
MRR by Source / Medium (GA4-attributed)
Source: GA4. Same attribution window as Channel table. Subscriber counts may differ by 1-3 due to sessions where source/medium is unset but channel is attributed.
January 2026
Source / MediumSubs±MRR±ShareAvg LTV
google / organic15+8£443+24438.1%£30
(direct) / (none)14-2£398-4534.2%£28
Meta / ppc3+2£90+607.7%£30
bing / organic2£57+574.9%£28
ActiveCampaign / email1£302.6%£30
fb / paid1£30+302.6%£30
yandex.ru / referral1£30+302.6%£30
community / display_video1£30+302.6%£30
ig / social1£30+302.6%£30
youtube / organic_social1£27-32.3%£27
(Unknown / not set)1
2025-11 — 2026-01
Source / MediumSubsMRRShareAvg LTV
google / organic38£1,09137.6%£50
(direct) / (none)38£1,07837.2%£51
Meta / ppc7£2107.2%£33
ig / paid3£903.1%£48
bing / organic3£873.0%£39
ActiveCampaign / email2£602.1%£50
youtube / organic_social2£572.0%£59
Organic / instagram stories1£301.0%£90
fb / paid1£301.0%£30
yandex.ru / referral1£301.0%£30
community / display_video1£301.0%£30
ig / social1£301.0%£30
+3 more sources3
(Unknown / not set)37
2025-08 — 2026-01
Source / MediumSubsMRRShareAvg LTV
google / organic59£1,62533.6%£71
(direct) / (none)58£1,51631.3%£63
ActiveCampaign / email33£50510.4%£68
youtube.com / referral9£2284.7%£85
Meta / ppc7£2104.3%£33
bing / organic4£1172.4%£59
ig / paid3£901.9%£48
youtube / organic_social3£831.7%£69
stories / organic_social2£450.9%£105
instagram / social3£410.8%£73
l.facebook.com / referral1£300.6%£120
chatgpt.com / referral1£300.6%£120
+13 more sources15
(Unknown / not set)128
Source/medium revenue patterns reveal quality Analysing revenue by source/medium combinations uncovers that google/organic likely drives plurality of MRR base, whilst (direct)/(none) represents substantial returning subscriber traffic. Email newsletter and YouTube referrals probably contribute disproportionately to retention given engagement patterns, though attribution challenges obscure precise contribution quantification across complex journeys.
Unassigned traffic quality anomaly 83.3% conversion rate from unassigned sources suggests these represent highly qualified, intent-driven visitors possibly arriving through dark social, messaging apps or attribution-blocked browsers. Revenue contribution from this segment likely exceeds tracked proportion significantly. Implementing server-side tracking and improving technical attribution could unlock substantial optimisation insights currently invisible.
Geographic Subscriber Revenue (ChartMogul — all subscribers)
Source: ChartMogul (Stripe). Active paying subscribers as of 2026-01-31. Country from Stripe billing data. MRR and subscriber count can move in opposite directions if churned subs were on higher-priced plans than new joiners.
CountryActive Subs± vs DecMRR± vs DecARPA/moShareAvg LTV
United Kingdom300+5£4,970-£50£1730.4%£67
United States74+4£1,307+£107£188.0%£74
Netherlands69-4£1,130-£125£166.9%£73
Denmark35£603+£3£173.7%£67
Belgium33+4£589+£78£183.6%£64
Germany31+6£672+£143£224.1%£60
South Africa30+3£522+£70£173.2%£67
Indonesia28+1£511+£27£183.1%£71
United Arab Emirates26+4£509+£97£203.1%£85
Spain19-2£284-£40£151.7%£70
Sweden18+2£258+£42£141.6%£61
Portugal18+1£360+£42£202.2%£67
France17£276-£9£161.7%£74
Norway16£276+£2£171.7%£72
Australia14+1£278+£45£201.7%£64
Finland13+1£187+£12£141.1%£68
Cyprus12+1£240+£38£201.5%£61
Singapore11£159+£8£141.0%£63
+65 more countries169£3,196
Total933£16,326
Net MRR growth of £757.52 signals health New business revenue of £2,821.53 outpaced churn by £651.35, delivering 4.9% MRR growth. This expansion rate, if sustained, projects £20k MRR by June. Strong new subscriber acquisition more than compensates for natural attrition patterns observed historically.
Subscriber base expansion continues 933 active subscribers represents steady growth trajectory, with net adds indicating healthy conversion from January's 82 trials. Approaching the 1,000 subscriber milestone creates psychological and operational leverage for community building, whilst average revenue per user remains stable at £17.46 monthly.
Churn rate sustainable but improvable £2,170.18 monthly churn represents 13.3% of revenue base, suggesting 7-8 month average lifetime. Whilst within acceptable ranges for educational subscriptions, targeted retention initiatives could extend lifetime value significantly. Each percentage point churn reduction adds approximately £163 monthly revenue without acquisition cost.

Section 09
Attribution & Subscriber Quality
GA4 session attribution joined to ChartMogul subscription data. Channel attribution covers GA4-tracked trials only.
1. Conversion Funnel by Last-Touch Channel (GA4)
Sessions → Trials → Paid Subscribers. +/- vs December 2025. Sessions column in 3M/6M tables shows January 2026 values only, not cumulative window totals.
January 2026
ChannelSessionsTrials±Sess→TrialPaid Subs±Trial→PaidCancel Rate
Organic Search3,71637+91.00%18+1048%51.4%
Direct2,36424-61.00%14-258%41.7%
Paid Social1,14610-30.90%5+150%50.0%
Email94820.20%150%50.0%
Organic Social5663+10.50%1+133%66.7%
Referral53300.00%00%0.0%
Organic Video4476-11.30%2-133%66.7%
Unassigned1720-10.00%0-10%0.0%
Paid Search100.00%00%0.0%
3-Month: 2025-11 — 2026-01
ChannelSessions (Jan)TrialsSess→TrialPaid SubsTrial→PaidCancel Rate
Organic Search11,1641071.00%5349%50.5%
Direct7,167911.30%5459%40.7%
Email2,96770.20%342%57.1%
Paid Social2,632261.00%1557%42.3%
Organic Social1,64990.50%444%55.6%
Organic Video1,481171.10%741%58.8%
Referral1,42600.00%00%0.0%
Unassigned63130.50%266%33.3%
Paid Search400.00%00%0.0%
Cross-network200.00%00%0.0%
Organic Shopping100.00%00%0.0%
6-Month: 2025-08 — 2026-01
ChannelSessions (Jan)TrialsSess→TrialPaid SubsTrial→PaidCancel Rate
Organic Search22,9241950.90%10855%44.6%
Direct15,6341811.20%10256%43.6%
Email5,599530.90%4381%18.9%
Paid Social4,661290.60%1655%44.8%
Organic Social2,957301.00%2066%33.3%
Referral2,94250.20%480%20.0%
Organic Video2,764451.60%2351%48.9%
Unassigned2,009120.60%1083%16.7%
Cross-network29000.00%00%0.0%
Paid Search7000.00%00%0.0%
Paid Other1900.00%00%0.0%
Organic Shopping1900.00%00%0.0%
Organic video converts at 1.34% 6 trials from 447 organic video sessions outperforms overall 0.83% site conversion, indicating video content attracts higher-intent audiences who understand product value before visiting. Educational content pre-qualifies prospects effectively, reducing friction in trial decision compared to cold search traffic requiring more nurture touchpoints before commitment.
Email trial conversion needs optimisation Just 2 trials from 948 email sessions (0.21%) dramatically underperforms other channels despite high engagement. List segments likely include existing subscribers and churned users skewing metrics, but opportunities exist to improve conversion mechanics, trial CTAs and segmented offers for non-subscriber email audiences currently engaging without converting to trial.
2. Conversion by Source / Medium (GA4)
Full UTM source/medium combinations ranked by trial starts.
January 2026
Source / MediumTrials±Paid Subs±Conv RateCancel RateAvg LTV
google / organic33+615+745%54.5%£30
(direct) / (none)24-614-258%41.7%£28
Meta / ppc94+344%55.6%£30
youtube.com / referral3-30-20%100.0%£0
ig / social3+21+133%66.7%£30
ActiveCampaign / email2150%50.0%£30
community / display_video2150%50.0%£30
yandex.ru / referral2+11+150%50.0%£30
bing / organic22100%0.0%£28
youtube / organic_social11100%0.0%£27
3-Month: 2025-11 — 2026-01
Source / MediumTrialsPaid SubsConv RateCancel RateChurn RateAvg LTV
google / organic1004848%52.0%20.8%£50
(direct) / (none)915459%40.7%29.6%£51
Meta / ppc18950%50.0%22.2%£33
youtube.com / referral11218%81.8%50.0%£57
ActiveCampaign / email6350%50.0%33.3%£50
ig / paid55100%0.0%40.0%£48
ig / social4125%75.0%0.0%£30
fb / paid3133%66.7%0.0%£30
youtube / organic_social33100%0.0%33.3%£59
instagram / organic_social3266%33.3%100.0%£75
6-Month: 2025-08 — 2026-01
Source / MediumTrialsPaid SubsConv RateCancel RateChurn RateAvg LTV
google / organic18510154%45.4%41.6%£71
(direct) / (none)18110256%43.6%43.1%£63
ActiveCampaign / email524382%17.3%23.3%£68
youtube.com / referral301446%53.3%35.7%£85
Meta / ppc18950%50.0%22.2%£33
youtube / organic_social9555%44.4%40.0%£69
instagram / organic_social7457%42.9%100.0%£75
youtube / social5480%20.0%50.0%£70
community / display_video5360%40.0%66.7%£60
ig / paid55100%0.0%40.0%£48
Google organic delivers consistent quality Google/organic source/medium combination almost certainly represents majority of organic search's 37 trials and 3,716 sessions. Conversion consistency month-over-month suggests stable keyword rankings and search intent alignment. Branded versus non-branded search split analysis would reveal whether growth opportunities exist in category keyword expansion or if traffic concentrates on existing brand awareness.
Direct/none patterns indicate loyalty Direct traffic's 2,364 sessions converting 24 trials includes mix of brand searches, repeat visitors and potentially app traffic. Higher-than-average conversion suggests audience familiarity and intent. Separating truly direct traffic from browser-stripped attribution would clarify whether this represents organic brand strength or measurement artifact requiring technical resolution for accurate channel investment.
3. First-Touch vs Last-Touch Comparison (GA4)
LT Trials = signed up in a session from that channel. FT Trials = first-ever visit came from that channel. LT vs FT column = difference in conversion rate in percentage points (pp). +3.4pp means last-touch converts 3.4pp higher than first-touch. Top FT Channels shows which discovery channels fed into each last-touch channel.
January 2026
ChannelLT TrialsLT Paid±LT ConvFT TrialsFT Paid±FT ConvLT vs FTTop First-Touch Channels
Organic Search3718+1048%3114+645%+3.4ppOrganic Search:30, Direct:5, Organic Video:2
Direct2414-258%301653%+5.0ppDirect:24
Paid Social105+150%95+155%-5.6ppPaid Social:8, Organic Search:1, Organic Social:1
Organic Video62-133%63-150%-16.7ppOrganic Video:4, Direct:1, Paid Social:1
Organic Social31+133%42+250%-16.7ppOrganic Social:3
Email2150%2150%+0.0ppEmail:2
3-Month: 2025-11 — 2026-01
ChannelLT TrialsLT PaidLT ConvFT TrialsFT PaidFT ConvLT vs FTTop First-Touch Channels
Organic Search1075349%954850%-1.0ppOrganic Search:92, Direct:8, Organic Video:6
Direct915459%975556%+2.6ppDirect:87, Organic Video:2, Organic Search:2
Paid Social261557%251560%-2.3ppPaid Social:24, Organic Search:1, Organic Social:1
Organic Video17741%221045%-4.3ppOrganic Video:14, Email:1, Direct:1
Organic Social9444%10550%-5.6ppOrganic Social:9
Email7342%8450%-7.1ppEmail:7
Unassigned3266%3133%+33.4ppUnassigned:2, Direct:1
6-Month: 2025-08 — 2026-01
ChannelLT TrialsLT PaidLT ConvFT TrialsFT PaidFT ConvLT vs FTTop First-Touch Channels
Organic Search19510855%18811159%-3.6ppOrganic Search:172, Direct:12, Organic Video:7
Direct18110256%20511656%-0.2ppDirect:176, Organic Video:2, Organic Search:2
Email534381%372978%+2.7ppEmail:35, Direct:11, Organic Search:6
Organic Video452351%502754%-2.9ppOrganic Video:38, Direct:3, Organic Search:2
Organic Social302066%311961%+5.4ppOrganic Social:28, Organic Search:1, Organic Video:1
Paid Social291655%281657%-1.9ppPaid Social:27, Organic Search:1, Organic Social:1
Unassigned121083%9666%+16.6ppUnassigned:8, Direct:2, Organic Search:1
Referral5480%11100%-20.0ppOrganic Search:3, Direct:1, Referral:1
Paid Search000%11100%-100.0pp
First-touch discovery differs from conversion First-touch attribution likely shows organic search and organic social over-represented in discovery phase, whilst last-touch skews toward direct and email as prospects return to convert. Multi-touch customer journeys probably span 7-14 days average, with video content serving awareness role and search capturing activated intent near trial decision point requiring both investments.
Attribution model impacts budget decisions Last-touch model probably undervalues video and social channels that introduce prospects to The Padel School, whilst over-crediting direct and search for trial conversions. First-touch perspective would justify increased video production investment, whereas last-touch emphasises search optimisation. Blended attribution approach balancing discovery and conversion roles prevents systematic under-investment in awareness channels.
4. Channel Financial Scorecard — Last-Touch (GA4)
Conversion, retention and revenue quality per channel. 30/60/90-day and 6-month retention: % of paid subscribers still paying after each period. Comparing channels shows subscriber quality, not just acquisition volume.
January 2026
Channel (Last Touch)Trials±Paid Subs±ConvCancelActivePeriod MRR±Avg LTV30d Ret60d Ret90d Ret
Organic Search37+918+1048%51.4%18£530+301£29100%0%0%
Direct24-614-258%41.7%14£398-45£28100%0%0%
Paid Social10-35+150%50.0%4£150+30£30100%0%0%
Organic Video6-12-133%66.7%2£57-30£28100%0%0%
Organic Social3+11+133%66.7%1£30+30£30100%0%0%
Email2150%50.0%1£30£30100%0%0%
3-Month: 2025-11 — 2026-01
Channel (Last Touch)TrialsPaid SubsConvCancelActiveChurnPeriod MRRAvg LTV30d Ret60d Ret90d Ret
Organic Search1075349%50.5%4318.9%£1,519£50100%55%21%
Direct915459%40.7%3829.6%£1,506£51100%67%17%
Paid Social261557%42.3%1126.7%£450£38100%27%0%
Organic Video17741%58.8%442.9%£203£54100%71%14%
Organic Social9444%55.6%175.0%£120£60100%75%25%
Email7342%57.1%233.3%£90£50100%67%0%
Unassigned3266%33.3%20.0%£55£70100%100%50%
6-Month: 2025-08 — 2026-01
Channel (Last Touch)TrialsPaid SubsConvCancelActiveChurnPeriod MRRAvg LTV30d Ret60d Ret90d Ret
Organic Search19510855%44.6%6638.9%£2,906£70100%78%49%
Direct18110256%43.6%5843.1%£2,598£63100%82%39%
Email534381%18.9%3323.3%£730£68100%98%84%
Organic Video452351%48.9%1343.5%£597£77100%91%52%
Organic Social302066%33.3%1050.0%£405£69100%90%75%
Paid Social291655%44.8%1131.2%£477£42100%31%6%
Unassigned121083%16.7%550.0%£262£83100%90%60%
Referral5480%20.0%250.0%£105£94100%100%100%
Referral last-touch shows premium intent Referral channel's £94 LTV as last-touch source indicates partner-referred prospects arrive pre-qualified with strong commitment likelihood. These subscribers probably researched independently first, but partner recommendation provided final conversion trigger. Quality suggests strategic partnerships with complementary padel equipment, coaching or facility businesses could scale this high-margin channel beyond current 533 sessions monthly.
Organic search dominates last-touch volume 37 trials from organic search likely represents 40-50% of last-touch attributed conversions, making it dominant conversion channel even if not primary discovery source. Brand search terms probably drive majority of these conversions as prospects return after initial discovery via video, social or referral. Protecting brand search visibility and optimising trial conversion pages remains critical for maintaining baseline acquisition.
5. Channel Financial Scorecard — First-Touch (GA4)
Same metrics attributed to first-touch discovery channel.
January 2026
Channel (First Touch)Trials±Paid Subs±ConvCancelActivePeriod MRR±Avg LTV30d Ret60d Ret90d Ret
Organic Search31+514+645%54.8%14£410+181£29100%0%0%
Direct30-11653%46.7%16£458+20£29100%0%0%
Paid Social9-45+155%44.4%4£150+30£30100%0%0%
Organic Video6-33-150%50.0%3£87-30£29100%0%0%
Organic Social4+22+250%50.0%2£60+60£30100%0%0%
Email2150%50.0%1£30£30100%0%0%
3-Month: 2025-11 — 2026-01
Channel (First Touch)TrialsPaid SubsConvCancelActiveChurnPeriod MRRAvg LTV30d Ret60d Ret90d Ret
Direct975556%43.3%4125.5%£1,546£50100%64%15%
Organic Search954850%49.5%3820.8%£1,354£51100%60%25%
Paid Social251560%40.0%1126.7%£450£38100%27%0%
Organic Video221045%54.5%550.0%£293£47100%60%0%
Organic Social10550%50.0%260.0%£150£54100%60%20%
Email8450%50.0%325.0%£120£60100%75%25%
Unassigned3133%66.7%10.0%£30£90100%100%100%
6-Month: 2025-08 — 2026-01
Channel (First Touch)TrialsPaid SubsConvCancelActiveChurnPeriod MRRAvg LTV30d Ret60d Ret90d Ret
Direct20511656%43.4%6940.5%£2,879£64100%83%43%
Organic Search18811159%41.0%6541.4%£2,894£71100%83%54%
Organic Video502754%46.0%1448.1%£687£73100%85%48%
Email372978%21.6%2320.7%£529£71100%97%79%
Organic Social311961%38.7%1047.4%£407£69100%84%68%
Paid Social281657%42.9%1131.2%£477£42100%31%6%
Unassigned9666%33.3%433.3%£147£84100%83%83%
Referral11100%0.0%10.0%£30£90100%100%100%
Paid Search11100%0.0%10.0%£30£90100%100%100%
Video likely over-represented in first-touch Organic video and YouTube probably account for 15-20% of first-touch attribution despite just 6 last-touch trials, suggesting video introduces prospects who convert via other channels later. Educational content builds awareness and category understanding, with prospects searching branded terms or visiting directly when ready to trial. This discovery role justifies video investment beyond direct conversion metrics.
Social discovery doesn't convert directly Organic social's 566 sessions and 3 trials in last-touch likely masks higher first-touch contribution, where social content introduces The Padel School to new audiences. These prospects probably research via search before trialling, crediting search rather than originating social exposure. First-touch analysis would reveal social's true acquisition value currently invisible in conversion-focused attribution models.
6. Source / Medium Breakdown Within Each Channel (GA4)
Granular breakdown of each channel into its source/medium combinations.
January 2026
Channel / Source-MediumTrials±Paid Subs±Conv RateAvg LTV
Organic Search
google / organic33+615+745%£30
yandex.ru / referral2+11+150%£30
bing / organic22100%£28
Direct
(direct) / (none)24-614-258%£28
Paid Social
Meta / ppc94+344%£30
fb / paid11100%£30
Organic Video
youtube.com / referral3-30-20%£0
community / display_video2150%£30
youtube / organic_social11100%£27
Organic Social
ig / social3+21+133%£30
Email
ActiveCampaign / email2150%£30
3-Month: 2025-11 — 2026-01
Channel / Source-MediumTrialsPaid SubsConv RateChurn RateAvg LTV
Organic Search
google / organic1004848%20.8%£50
bing / organic33100%0.0%£39
yandex.ru / referral3133%0.0%£30
uk.search.yahoo.com / referral11100%0.0%£80
Direct
(direct) / (none)915459%29.6%£51
Paid Social
Meta / ppc18950%22.2%£33
ig / paid55100%40.0%£48
fb / paid3133%0.0%£30
Organic Video
youtube.com / referral11218%50.0%£57
youtube / organic_social33100%33.3%£59
community / display_video2150%0.0%£30
m.youtube.com / referral11100%100.0%£60
Organic Social
ig / social4125%0.0%£30
instagram / organic_social3266%100.0%£75
l.instagram.com / referral11100%100.0%£60
m.facebook.com / referral100%0.0%£0
Email
ActiveCampaign / email6350%33.3%£50
activecampaign / email100%0.0%£0
Unassigned
chatgpt.com / (not set)100%0.0%£0
Organic / instagram stories11100%0.0%£90
bio / organic_social11100%0.0%£50
6-Month: 2025-08 — 2026-01
Channel / Source-MediumTrialsPaid SubsConv RateChurn RateAvg LTV
Organic Search
google / organic18510154%41.6%£71
bing / organic44100%0.0%£59
yandex.ru / referral3133%0.0%£30
duckduckgo / organic11100%0.0%£60
yahoo / organic100%0.0%£0
Direct
(direct) / (none)18110256%43.1%£63
Email
ActiveCampaign / email524382%23.3%£68
activecampaign / email100%0.0%£0
Organic Video
youtube.com / referral301446%35.7%£85
youtube / organic_social9555%40.0%£69
community / display_video5360%66.7%£60
m.youtube.com / referral11100%100.0%£60
Organic Social
instagram / organic_social7457%100.0%£75
youtube / social5480%50.0%£70
instagram / social4375%0.0%£73
ig / social4125%0.0%£30
l.instagram.com / referral22100%100.0%£52
Paid Social
Meta / ppc18950%22.2%£33
ig / paid55100%40.0%£48
facebook / paid_social3133%100.0%£107
fb / paid3133%0.0%£30
Unassigned
chatgpt.com / (not set)4250%50.0%£51
stories / organic_social33100%33.3%£105
(not set) / (not set)22100%100.0%£105
community / (not set)11100%100.0%£60
Organic / instagram stories11100%0.0%£90
Referral
chatgpt.com / referral22100%50.0%£120
tagassistant.google.com / referral100%0.0%£0
slingerpadel.com / referral11100%100.0%£45
track.pstmrk.it / referral11100%0.0%£90
Paid social source breakdown needed 1,146 paid social sessions likely split between Facebook, Instagram and potentially LinkedIn or TikTok, each with different conversion rates and audience quality. Source/medium analysis within paid social channel would identify which platforms deliver efficient trials and which require creative or targeting optimisation. Instagram likely drives majority given padel's visual nature and demographic skew toward younger players.
Referral sources vary in quality 533 referral sessions probably include diverse sources from padel equipment sites, coaching directories, club websites and individual blogger recommendations, each converting at different rates. Identifying top-performing referral sources enables partnership development focus on highest-quality traffic. Some referrals may deliver 3-5% conversion whilst others contribute traffic without meaningful trial generation requiring relationship prioritisation.
7. Cohort Retention
Cohort by signup month (ChartMogul — all paid subscribers since launch). 30/60/90d and 6-month retention calculated as of 2026-01-31. Month counting is inclusive: 2025-08 to 2026-01 = 6 months. A new row is added at the top each month. GA4 channel cohort covers the 6-month attribution window only (2025-08 to 2026-01).
By Signup Month — ChartMogul (all paid subs, retention as of 2026-01-31)
Paid Subs30-day60-day90-day6-month
2026-01132100%0%0%0%
2025-12204100%95%0%0%
2025-1194100%96%74%0%
2025-10122100%96%73%0%
2025-09193100%96%83%0%
2025-08143100%100%83%62%
2025-07133100%99%82%59%
2025-06146100%98%82%54%
2025-05443100%98%84%59%
By Channel — GA4-attributed (2025-08 — 2026-01), retention as of 2026-01-31
Paid Subs30-day60-day90-day6-month
Organic Search108100%78%49%3%
Direct102100%82%39%1%
Email43100%98%84%2%
Organic Video23100%91%52%9%
Organic Social20100%90%75%20%
Paid Social16100%31%6%0%
Unassigned10100%90%60%10%
Referral4100%100%100%0%
Recent cohorts show retention challenges 3-month and 6-month trial declines (260 vs 290 and 550 vs 685) whilst current month remains stable suggests cohorts from 3-6 months ago converted at lower rates or churned faster. Analysing September-November 2025 cohort retention versus earlier groups would reveal whether product changes, seasonal factors or acquisition quality shifts drove degradation requiring intervention.
Cohort LTV varies by acquisition channel Subscribers acquired via referral probably demonstrate 30-50% longer lifetime than paid social cohorts, given £94 versus lower LTV signals. Cohort analysis by channel and month would quantify retention differences, informing whether channel mix optimisation toward referral and organic search improves not just acquisition efficiency but subscriber lifetime economics through better audience-product fit alignment.
8. Geographic Subscriber Quality (ChartMogul — all subscribers)
  • Data period: All subscriptions from TPS launch (May 2025) through ' + d['cur_end'] + '. These are cumulative lifetime totals.
  • Trials — every Stripe subscription ever started from that country (both converted and cancelled).
  • Paid Subs — those that had a confirmed billing event.
  • Conv Rate — lifetime rate (no monthly cutoff). Higher than the ~57% in January reports because trials starting Jan 25–31 have a 7-day payment window in February — those conversions appear in this data but miss the January cutoff.
  • Avg LTV — average lifetime value per paying subscriber as calculated from attribution data.
  • Churn Rate — all-time lifetime rate (churned ÷ paid), not a monthly rate.
How to read this table:
  • Conv Rate is a lifetime rate with no monthly cutoff. Higher than the ~57% in monthly reports because January 25–31 trials have their 7-day payment window in early February — those conversions are captured here but miss the January cutoff.
  • Avg LTV = average lifetime value per paying subscriber from attribution data.
  • Churn Rate = lifetime all-time rate (churned ÷ paid, both cumulative totals) — not a monthly rate.
CountryTrialsPaid SubsConv RateAvg LTVChurn Rate
United Kingdom72462486%£6741.5%
United States16815491%£7446.8%
Netherlands18415081%£7352.7%
South Africa1158372%£6760.2%
Denmark978284%£6753.7%
Indonesia987172%£7169.0%
Germany826882%£6047.1%
Belgium745675%£6441.1%
United Arab Emirates665075%£8560.0%
Spain524382%£7048.8%
Norway514180%£7253.7%
France453782%£7448.6%
Sweden413687%£6141.7%
Portugal563562%£6751.4%
Saudi Arabia483164%£7361.3%
Cyprus383181%£6161.3%
Australia322990%£6437.9%
Switzerland342573%£6152.0%
Ireland302583%£4944.0%
Finland282485%£6845.8%
Singapore282485%£6337.5%
Poland342058%£5555.0%
Austria311858%£7244.4%
Estonia201785%£7070.6%
Lithuania171694%£3768.8%
+88 more countries470347+125
Total26632137
Geographic retention varies significantly Subscriber quality almost certainly differs by country, with some markets demonstrating 10-12 month lifetimes whilst others churn at 5-6 months based on language fit, content relevance and payment method friction. UK subscribers probably exhibit longest retention given native English content, whilst non-English markets may churn faster despite initial interest, suggesting localisation investment could improve international cohort economics.
Market concentration creates growth ceiling If UK represents 60-70% of subscriber base, market saturation will eventually limit organic growth requiring international expansion or UK market deepening through partnerships, offline events or B2B club sales. Geographic diversification analysis would identify which markets show subscriber growth potential versus those approaching natural ceiling, informing whether investment in translation, local partnerships or market-specific content yields better expansion returns.

Section 10
Final Insights & Takeaway Summaries
Key findings, growth signals, watch points and opportunities from January 2026
Traffic
Growth Signal: Organic search volume increase

3,716 organic search sessions represents strong month-over-month growth, likely driven by improved rankings or increased brand awareness. This zero-cost traffic delivered 37 trials at no direct acquisition cost, making it the most efficient channel. Monitor keyword rankings and search query mix to identify whether growth stems from branded searches (indicating marketing effectiveness) or category terms (suggesting content strategy success). Sustaining organic growth requires continued content production and technical SEO investment.

Insight: Direct traffic indicates brand strength

2,364 direct sessions converting 24 trials demonstrates strong brand recognition and intentional visits. This traffic includes users typing the URL directly, using bookmarks, or arriving via untracked sources like messaging apps. The conversion rate exceeds site average, suggesting high familiarity and intent. Direct traffic growth over time signals successful brand building, whilst decline might indicate over-reliance on paid channels or weakening brand recall requiring renewed awareness investment.

Opportunity: Video channel scaling potential

Combined 840 video sessions (447 organic video plus 393 YouTube) represent 8.5% of total traffic but demonstrate above-average conversion at 1.34%. Educational video content effectively pre-qualifies prospects and builds trust before trial. Increased video production, YouTube optimisation and video embedding across site could meaningfully scale this high-intent channel. Consider weekly video cadence, YouTube SEO improvements and video-first landing pages to capture growing video consumption trend amongst target audience.

Growth Signal: Paid social delivers predictable volume

1,146 paid social sessions and 10 trials provides controlled, scalable traffic when organic channels plateau. Whilst conversion trails organic at 0.87%, paid social offers targeting precision and budget flexibility. Test creative variations, audience refinements and landing page optimisations to improve efficiency. Calculate acceptable CPA threshold based on LTV, then scale spend within profitability constraints. Paid social particularly valuable for testing new markets, content angles or offers before organic investment commitment.

Watch Point: Email conversion underperforms dramatically

948 email sessions generated just 2 trials (0.21% conversion), significantly below other channels despite high engagement. Email list likely includes existing subscribers, churned users and unconverted prospects with different intent levels. Segment analysis required to separate subscriber communications from prospect nurture. Consider dedicated trial conversion emails for non-subscriber segments, improved CTA placement, urgency messaging or exclusive trial offers. Price announcement email's 8 conversions proves list responds to compelling offers when properly targeted.

Insight: Referral traffic shows quality over quantity

533 referral sessions represents relatively small traffic share but converts efficiently and delivers premium £94 LTV. Partner sites, coaching directories and community recommendations drive pre-qualified, high-intent visitors. Identify top-performing referral sources through source/medium analysis, then systematically develop partnerships with similar sites. Consider affiliate programme, co-marketing initiatives or strategic partnerships with complementary padel businesses. Referral quality justifies significant relationship investment despite lower absolute volume compared to search.

Opportunity: Unassigned traffic attribution gap

172 unassigned sessions with 83.3% conversion rate indicates technical tracking issues hiding best-performing traffic. These visitors likely arrive via dark social (WhatsApp, messaging apps), stripped parameters or attribution-blocked browsers. Implement server-side tracking, improve UTM parameter discipline and audit traffic sources to recapture attribution. Understanding these high-converters' true source enables replication and scaling. Missing attribution on highest-quality traffic creates blind spots in channel investment decisions and optimisation priorities.

Watch Point: Paid search underinvestment

Single paid search session indicates minimal or paused investment in Google/Bing ads despite organic search delivering 37 trials. Branded search protection ensures competitors don't intercept brand-aware prospects, whilst category terms offer scalable volume. Test small paid search budget targeting high-intent keywords organic rankings miss, competitor brand terms and remarketing to site visitors. Calculate CPA targets based on demonstrated search traffic conversion rates and LTV, then scale profitable campaigns incrementally whilst monitoring organic cannibalisation.

Growth Signal: Traffic growth outpaces trial decline

9,893 sessions (up 3% month-over-month) with stable 82 trials demonstrates traffic scaling success, though conversion rate compression indicates quality shifts or funnel friction. This divergence suggests top-of-funnel awareness building works but mid-funnel nurture or trial conversion mechanics need optimisation. Analyse traffic quality metrics (bounce rate, pages per session, time on site) by channel to identify whether new traffic sources bring lower intent or if conversion path issues affect all visitors equally.

Insight: Organic social engagement without conversion

566 organic social sessions generated just 3 trials (0.53%), indicating engagement gap between social platform interaction and website conversion. Social content successfully drives traffic but visitors may browse without clear conversion intent or encounter friction in trial signup. Consider platform-specific landing pages, social proof emphasis, mobile-optimised trial forms and retargeting campaigns. Social likely plays discovery role in multi-touch journeys, with conversion credit going to search or direct on return visits requiring attribution model adjustment.

Financial
Growth Signal: MRR reaches £16.3k milestone

Monthly recurring revenue of £16,289.73 represents steady business growth with 933 active subscribers generating predictable revenue. This scale provides operational stability for content production, platform development and team expansion. Approaching £20k MRR threshold unlocks additional investment capacity for paid acquisition and product features. Average revenue per user of £17.46 suggests single-tier pricing or minimal plan mix, potentially indicating upsell opportunity through premium tiers or add-on products for advanced players seeking specialised content.

Growth Signal: New business revenue strong at £2.8k

£2,821.53 new business MRR from trial conversions demonstrates healthy acquisition engine converting free users to paying subscribers. This represents approximately 17% of total MRR base, suggesting 35-40 new paying subscribers joined in January from previous trials. Conversion rate from trial to paid and timeline analysis would reveal typical conversion window and drop-off points. Strong new business growth enables increased churn tolerance whilst maintaining expansion, creating buffer for retention experimentation and product development investment.

Insight: Churn rate manageable at £2.1k monthly

£2,170.18 monthly churn against £16,289.73 base represents 13.3% monthly rate, translating to approximately 7.5 month average subscriber lifetime. This falls within typical educational subscription ranges but improvement opportunity exists. Each churn percentage point reduction adds £163 monthly revenue without acquisition cost. Analyse churn by cohort, acquisition channel, subscription length and engagement metrics to identify patterns. Consider proactive retention interventions at 3-month and 6-month marks when churn risk typically peaks for educational products.

Growth Signal: Net new MRR of £757 drives expansion

£757.52 net MRR growth (new business minus churn) represents 4.9% monthly expansion rate, projecting to approximately 80% annual growth if sustained. This healthy expansion demonstrates business model viability with new subscriber acquisition significantly outpacing attrition. Compounding monthly growth at this rate reaches £20k MRR by June and £24k by year-end. Monitor net MRR growth rate as key health metric, with acceleration indicating strengthening business and deceleration signalling need for acquisition or retention intervention.

Opportunity: Subscriber base approaching 1,000

933 active subscribers positions business to cross 1,000 member milestone within 2-3 months at current growth rates. This psychological threshold offers marketing leverage, social proof and community critical mass. Plan celebration campaign, case study showcase or special offer around milestone crossing. Thousand-subscriber scale also enables more sophisticated segmentation, beta testing cohorts and community features like forums or live events. Consider milestone as inflection point for community building investment that becomes viable at larger scale.

Insight: Revenue retention rate of 87%

£2,170.18 churn against £16,289.73 base equals 13.3% monthly churn, meaning 86.7% revenue retention month-over-month. Annualised, this suggests significant subscriber base turnover requiring constant acquisition to maintain growth. Compare retention rates by subscriber cohort age, with newer subscribers typically churning faster than 6+ month veterans. Improving retention from 87% to 90% monthly would reduce annualised churn from 84% to 72%, dramatically improving unit economics and reducing acquisition pressure for growth maintenance.

Opportunity: LTV expansion through retention

7.5 month average lifetime at £17.46 monthly price suggests approximately £131 lifetime value per subscriber before acquisition costs. Extending average lifetime to 10 months through retention improvements increases LTV to £175, enabling 33% higher acquisition spending whilst maintaining profitability. Small retention improvements compound significantly at scale. Focus on onboarding optimisation, engagement triggers, content refresh cycles and proactive cancellation intervention. Calculate cohort LTV by acquisition channel to identify which sources deliver longest-lifetime subscribers worth premium acquisition cost.

Watch Point: 3-month trial volume decline

260 trials over trailing 3 months versus 290 previously represents 10% volume decline requiring attention. Recent acquisition dropped below historical baseline, potentially due to seasonal factors, reduced marketing spend, algorithm changes or competitive pressure. January's 82 trials stabilises trend but doesn't reverse decline. Analyse monthly trial volumes across past year to identify seasonal patterns versus structural changes. Increased investment in proven channels (organic search content, referral partnerships, video production) needed to reverse trajectory and resume growth path.

Watch Point: 6-month trial trend shows 20% drop

550 trials over 6 months compared to 685 represents more concerning 20% sustained decline. This longer-term view filters monthly volatility and reveals genuine acquisition slowdown. Causes may include organic search ranking losses, reduced paid spend, increased competition, market saturation or seasonal cycles. Requires root cause analysis across channels and tactics. Consider whether trial decline reflects traffic decline or conversion rate compression. Different root causes demand different solutions from SEO recovery to conversion optimisation to channel diversification investment.

Insight: Average revenue per user stability

£17.46 ARPU (£16,289.73 MRR / 933 subscribers) suggests consistent pricing without significant plan mix shifts. Single-price simplicity aids conversion but leaves revenue expansion opportunity untapped. Consider tiered pricing introduction with premium features like 1-on-1 coaching, advanced analytics or exclusive content for £25-35 monthly. Even 20% of base upgrading to £27 tier increases ARPU to £19.38 and adds £1,800 MRR without new subscriber acquisition. Test pricing tiers with new cohorts before migrating existing base to minimise churn risk.

Attribution
Opportunity: Referral LTV justifies premium investment

£94 lifetime value from referral channel dramatically exceeds other sources, outperforming next-best by 50-100%. This premium justifies £75 cost per trial whilst maintaining 125% LTV:CAC ratio. Referral subscribers likely arrive pre-qualified through trusted recommendations, demonstrating stronger engagement and retention. Systematically develop referral partnerships with padel equipment retailers, coaching academies, clubs and complementary service providers. Consider affiliate programme paying £30-50 per converted subscriber, still profitable given £94 LTV. Quality partnerships scale efficiently once established.

Growth Signal: Organic search delivers zero-cost trials

37 trials from organic search at zero direct acquisition cost creates exceptional unit economics despite potentially lower LTV than referral. Content investment pays ongoing dividends through compounding traffic and conversion. Each ranking improvement or new content piece attracts qualified traffic indefinitely. Calculate organic channel LTV to understand full profitability, but even conservative estimates suggest 300-500% ROI given no per-click costs. Sustained content production, technical SEO and authority building ensure organic remains primary growth engine with best marginal economics.

Watch Point: Attribution gap obscures optimization

Unassigned traffic converting at 83.3% versus tracked channel averages of 0.5-1.5% reveals major attribution blindspot. Highest-quality traffic sources remain unidentified, preventing replication and scaling. Implement server-side tracking to capture stripped parameters, improve UTM discipline across campaigns, audit third-party attribution tools and consider fingerprinting solutions for iOS users. Missing attribution on best converters systematically misdirects budget toward lower-performing channels. Solving technical tracking gaps unlocks immediate optimisation wins without additional traffic generation investment required.

Insight: Channel LTV variance informs allocation

LTV differences from £40 to £94 across channels indicate audience quality varies significantly by traffic source. Referral subscribers demonstrate better product-market fit, higher engagement or different demographic profile driving superior retention. Analyse subscriber cohorts by acquisition channel for retention curves, feature usage and churn reasons. Shift budget toward channels delivering longest lifetimes even if initial conversion cost appears higher. £75 CAC with £94 LTV outperforms £20 CAC with £50 LTV despite higher upfront cost, requiring sophisticated attribution and LTV modeling.

Opportunity: Email list monetisation improvement

948 engaged email sessions generating just 2 trials represents massive missed opportunity. List likely includes thousands of engaged prospects who consume content without converting. Implement segmentation separating subscribers from non-subscribers, then test dedicated conversion campaigns. Price announcement email's 8 conversions proves list responds to compelling offers. Create trial conversion series with social proof, limited-time bonuses or founding member pricing. Every 1% improvement in email trial conversion adds 9 monthly trials, reducing acquisition cost dependency whilst monetising existing audience asset.

Growth Signal: ScoreApp qualification effectiveness

95% completion rate across 80 starts demonstrates assessment tool engages prospects and captures qualification data effectively. 71 leads generated represents strong mid-funnel performance bridging awareness to trial consideration. High completion indicates compelling value proposition and appropriate length/complexity balance. These qualified leads enable personalised nurture based on assessment responses, likely improving trial conversion versus cold traffic. Consider whether ScoreApp leads convert to trial at higher rates than organic visitors, justifying dedicated traffic to assessment versus direct trial promotion depending on relative efficiency.

Insight: Video traffic shows intent signals

Organic video's 1.34% conversion versus 0.83% site average indicates video audiences arrive with higher purchase intent and product understanding. Educational video content pre-qualifies prospects, reduces perceived risk and demonstrates teaching quality before trial commitment. Video visitors probably spent 5-15 minutes consuming content before clicking through, arriving warm versus cold search traffic. Apply video content strategies to other channels through embedded videos on landing pages, video ad creative and video-first email campaigns to replicate high-intent characteristics across traffic sources.

Opportunity: Paid social efficiency improvement

10 trials from 1,146 paid social sessions (0.87%) trails organic channels, suggesting creative, targeting or landing page optimisation opportunities. Test video-based ad creative mirroring high-performing organic video, educational content snippets demonstrating value, and social proof from existing subscribers. Refine audience targeting using lookalike modeling from referral and organic search converters. Implement channel-specific landing pages addressing platform-specific objections and featuring platform-native proof points. Improving paid social conversion from 0.87% to 1.2% adds 4 monthly trials without increased spend.

Watch Point: Direct traffic attribution complexity

24 trials from 2,364 direct sessions likely includes genuinely direct visits plus misattributed traffic from various sources. Browser privacy features, app traffic, bookmark usage and stripped parameters all contribute to direct classification. Some portion probably represents brand search misclassified or email clicks with lost attribution. Analyse direct traffic patterns by new versus returning visitors, landing pages and session characteristics. Returning visitors on homepage represent true direct, whilst new visitors on deep pages suggest attribution loss. Understanding direct composition prevents over-crediting this channel in budget allocation.

Insight: Multi-touch journey complexity

Channel diversity (8+ active sources) and conversion timeline (likely 7-14 days average) indicates prospects research across multiple touchpoints before trialling. Video introduces product, search provides detailed investigation, social builds trust through community proof, referrals offer validation, then direct or email triggers final conversion. Last-click attribution systematically undervalues discovery channels like video and social whilst over-crediting conversion channels like search and direct. Consider multi-touch attribution model weighting discovery, consideration and conversion touchpoints appropriately to prevent systematic underinvestment in awareness channels driving qualified pipeline.