Live Bearded - Olympus

Bad Habit — Unit Economics Overview

Atlas Report  •  March 18, 2026

Bad Habit — Unit Economics

Financial Model Overview · March 2026

Core Metrics

60–65%
Product Gross Margin
Before paid media & overhead
25–35%
Contribution Margin
After paid acquisition costs
3–5x
LTV:CAC Target
Healthy range for DTC
$25–35
Target CAC
Break point ~$35–40
60–90 Days
CAC Payback Period
Target range
Purchase #2
Biggest LTV Lever
Cuts effective CAC in half

Scenario Breakdown

Scenario CAC Gross Margin Contribution Margin Health
Best Case — Low CAC + repeat purchase $25 65% ~35% Strong
Base Case — Normal paid media $30–35 60–65% ~25–30% Acceptable
Break-Even Risk — CAC creep, no repeat >$40 55% ~10–15% At Risk
One-and-Done Customer — Worst case $50+ 55% ~Break Even Losing

Where It Works vs. Where It Breaks

✅ Where It Works

60–65% gross margins — strong DTC foundation to work with
Second purchase unlocks the model — effective CAC cuts in half, profitability opens up
Subscription or loyalty mechanic — if you get one, LTV:CAC hits 4–5x easily
Organic + referral blended in — blended CAC drops, contribution margin expands

⚠️ Where It Breaks

CAC > $35–40 without repeat purchase — you're basically buying customers at cost
One-and-done buyer at $50 CAC on 55% margins = near break-even or losing
No retention mechanic — post-purchase flows, sub offers, loyalty = must-haves not nice-to-haves
Scaling paid before LTV is proven — dangerous if repeat rate is unknown

Bottom Line

The unit economics are solid on paper — 60–65% margins give you room to work with. The model becomes a real business the moment you solve repeat purchase. Right now the #1 priority is getting customers to buy twice. That single move drops effective CAC in half and turns a marginal unit into a healthy one. Without it, you're on a treadmill — acquiring customers to break even.

⚠️ Numbers sourced from Bad_Habit_Financial_Model.pdf (19 pages). Send actuals if you want this refreshed with real data.