(Total Views: 489)
Posted On: 08/16/2021 5:59:14 PM
Post# of 32978
Don't let the facts get in your way...
SaaS recurring subscription revenue: $1,601,000
Other Digital: $209,000
Total: $1,810,000
Cost of revenue SaaS and other digital: $569,000
Margin: 70%
As said on the call, the other $6.1 million spent was on R&D for all the other products. Not on the cost of revenue. R&D is going to go way down as the year goes one since the bulk of development has been done.
25,000 shareholders up from 4,000 but could be has high as 100,000 shareholders
SaaS recurring revenue as a percentage of Total Digital revenue was 85%, compared with 74% for the first 6 months of 2020. A lot of people may not understand that, but it's a really good thing in the SaaS world.
30% growth projected without any of the new products
40% increase in downloads in the last 90 days. That is crazy
Saved the best for last...
600,000 people on VerbLive with the vast majority paying by employers. Now according what the company said, the 30% projection and the doubling of the Q2 revenue on an annualized basis didn't even include VerbLive or the other new products.
If you know what VerbLive is selling for like me, then it's easy to do the math with 600,000 users. That is a whole lot of revenue to love.
SaaS recurring subscription revenue: $1,601,000
Other Digital: $209,000
Total: $1,810,000
Cost of revenue SaaS and other digital: $569,000
Margin: 70%
As said on the call, the other $6.1 million spent was on R&D for all the other products. Not on the cost of revenue. R&D is going to go way down as the year goes one since the bulk of development has been done.
25,000 shareholders up from 4,000 but could be has high as 100,000 shareholders
SaaS recurring revenue as a percentage of Total Digital revenue was 85%, compared with 74% for the first 6 months of 2020. A lot of people may not understand that, but it's a really good thing in the SaaS world.
30% growth projected without any of the new products
40% increase in downloads in the last 90 days. That is crazy
Saved the best for last...
600,000 people on VerbLive with the vast majority paying by employers. Now according what the company said, the 30% projection and the doubling of the Q2 revenue on an annualized basis didn't even include VerbLive or the other new products.
If you know what VerbLive is selling for like me, then it's easy to do the math with 600,000 users. That is a whole lot of revenue to love.
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