-- Added 12 new client contracts with a guarantee
Post# of 32629
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Posted On: 08/16/2021 4:56:01 PM
-- Added 12 new client contracts with a guaranteed base value of $715,000 and expected annual recurring revenue of $405,000. However, those numbers do NOT include the expanded revenue we expect to recognize from existing clients who have recently launched and those that are about to launch verbLIVE with Attribution, which should add not less than an additional $1 million, conservatively, in annual recurring revenue.
Let's see, $405K + $1M = $1.4M conservatively
With Q2 SaaS revenue of $1,601,000 that means in one quarter they almost doubled the Q2 SaaS Revenue ongoing. Yup, that is what I like to see!
Let's see, $405K + $1M = $1.4M conservatively
With Q2 SaaS revenue of $1,601,000 that means in one quarter they almost doubled the Q2 SaaS Revenue ongoing. Yup, that is what I like to see!
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