(Total Views: 694)
Posted On: 08/14/2019 11:37:22 PM
Post# of 32688
Watch out for half truths and misleading statements...or let's just f'ing call it what they are...lies.
Under their SAAS business which is becoming their CORE!
In the past Sound Concepts Non-SAAS sales was Core for them.
Now. SAAS is transitioning and to become their primary revenue source...cause with over 80% margins only a fool would turn those numbers away, I know of at least 1 fool who keep raising their hand only to scream at the top of their lungs repeatedly an archaic business model.
Rory states they could have aggressively switched from Non SAAS to SAAS, but people would have freaked out...
40% increase in Q1
37% increase in Q2
Added 3.7 mil
Increase of 20% from YOY
37% increase
57% increase
New logos
All of Q1 = 12 new Logos
So far in Q3 = 12 new logos added on top of that.
2 New Logos per week ave.
Those Numbers are (in a forward looking statement ) on par to Equal an
ADDITIONAL 3 Million dollars.
They are making great strides in switching from nonSAAS to SAAS.
So much so, that (again, forwadd looking statement) SAAS could out pace nonSAAS in 2020.
Replay is up for the call. I recommend listening....twice...5 times for some that don't get it.
Maybe if they listen and they want to play the what did you learn game, maybe the can explain
MRR
ARR
And what's so important about those....
My guess, they won't...lazy, stupid, just can't, don't know how to dial a number, too busy or whatever reason they will conjure up.
Those are real facts.
Much Aloha
Under their SAAS business which is becoming their CORE!
In the past Sound Concepts Non-SAAS sales was Core for them.
Now. SAAS is transitioning and to become their primary revenue source...cause with over 80% margins only a fool would turn those numbers away, I know of at least 1 fool who keep raising their hand only to scream at the top of their lungs repeatedly an archaic business model.
Rory states they could have aggressively switched from Non SAAS to SAAS, but people would have freaked out...
40% increase in Q1
37% increase in Q2
Added 3.7 mil
Increase of 20% from YOY
37% increase
57% increase
New logos
All of Q1 = 12 new Logos
So far in Q3 = 12 new logos added on top of that.
2 New Logos per week ave.
Those Numbers are (in a forward looking statement ) on par to Equal an
ADDITIONAL 3 Million dollars.
They are making great strides in switching from nonSAAS to SAAS.
So much so, that (again, forwadd looking statement) SAAS could out pace nonSAAS in 2020.
Replay is up for the call. I recommend listening....twice...5 times for some that don't get it.
Maybe if they listen and they want to play the what did you learn game, maybe the can explain
MRR
ARR
And what's so important about those....
My guess, they won't...lazy, stupid, just can't, don't know how to dial a number, too busy or whatever reason they will conjure up.
Those are real facts.
Much Aloha
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