Fact: VERB & Sound Concepts are averaging 881 new
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Posted On: 03/13/2019 1:17:39 PM
Fact: VERB & Sound Concepts are averaging 881 new users a day.
That's adding $88,100 of yearly revenue every day
On 2-19-19 they grew to 554,000 users
That's $55,400,000 of revenue a year
Add the $55M to the growth rate of $88K a day and you get $87M revenue in a year at that is just one part of the company
Tech companies at this stage that are valued at a multiple of revenue (if they even have revenue). Some don't even have revenue but are valued very high. VERB has revenue and it growing quickly.
An example of another company with similar number of users is SMAR which has 650,000 paying users. The stock is valued at more than $4B.
Why? Because their ARR kicked in. Same will happen with VERB
That's adding $88,100 of yearly revenue every day
On 2-19-19 they grew to 554,000 users
That's $55,400,000 of revenue a year
Add the $55M to the growth rate of $88K a day and you get $87M revenue in a year at that is just one part of the company
Tech companies at this stage that are valued at a multiple of revenue (if they even have revenue). Some don't even have revenue but are valued very high. VERB has revenue and it growing quickly.
An example of another company with similar number of users is SMAR which has 650,000 paying users. The stock is valued at more than $4B.
Why? Because their ARR kicked in. Same will happen with VERB
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