Remember when Rory spoke about hypergrowth....
Post# of 32638
Quote:
But we want hyper growth. We want to see this thing hit that tipping point where the revenue just takes off and share price follows and as an investor, I’ve invested $4M of my own dough in this, so like you I want to know what we’re doing to achieve that. Right?
So let’s talk about verbLIVE
Quote:
But back to that hyper growth we all want. So let’s talk about the low hanging fruit. At last count, we have, I believe, 17 of our existing clients that signed up for verbLIVE during the pre-launch marketing. Combined they represent a total addressable market of 465,350 users. So work through this analysis with me. Our penetration rates among our existing customers vary but on the low end its about 10%. So let’s say we only get 46,000 users to subscribe and pay for verbLIVE. We’re charging $9.99 to $14.99 per user per month for verbLIVE depending on the features and package for existing verbCRM users. So for this analysis, let’s go with the lower number of $9.99 per user. That means we have an existing total addressable market from the clients that have pre-signed for VerbLIVE of approx. $4.6M per month of recurring SaaS revenue of which, applying the low penetration rate of 10%, we believe we could capture approximately $460K of SaaS recurring revenue per month or approximately $5.5M of annual recurring revenue.
https://www.sec.gov/Archives/edgar/data/15666...ex99-2.htm
Now back to that hyper growth .... when i do some of my own calculations i get the following based on what i can tell from yesterdays news:
I see we have
Quote:on verbLIVE already.
hundreds of thousands of users
We know the pricing plan for verbLIVE, its either $10 or $25 or $55 (i'm rounding up to whole dollars!).
When i do my own calculations based on what i know then i am assuming here that hundreds of of thousands of users is a minimum of 200.000 users that we have currently on verbLIVE (in my opinion of course).
So when i do some calculations i get the following:
200.000 users times $10 per month = $2 million revenue per month
200.000 users times $25 per month = $5 million revenue per month
200.000 users times $55 per month = $11 million revenue per month
That to me looks like we are going to experience some serious hypergrowth!!
And thats just with our CURRENT userbase!
Just think about that for a second.......
This is what we've been waiting for, GL everyone and enjoy the ride up!