Rory did a summary that I was hoping for not just
Post# of 33026
(Total Views: 540)
Posted On: 08/19/2021 3:46:09 AM
Rory did a summary that I was hoping for not just once, but twice of everything that was released in the last 90 days. It puts a nice bow on the end of a presentation.
Some more favorite parts
"If our internal projections are right by even 10%, we should be cashflow positive by next year which is unusual for SaaS companies "
"We are feeling pretty good. We don't need capital."
He said on the call and the Q the burn rate will go down substantially as they shift from R&D to maintenance mode and sales mode
If you estimate what the burn rate will be, cash on hand, and figure out what they need to be cash flow positive next year. Then multiply the latter by x10, then you know what their internal projections are.
That is way better than the analysts that are guessing and don't even have a clue what was released when. Oh and get their info off of tweets.
Some more favorite parts
"If our internal projections are right by even 10%, we should be cashflow positive by next year which is unusual for SaaS companies "
"We are feeling pretty good. We don't need capital."
He said on the call and the Q the burn rate will go down substantially as they shift from R&D to maintenance mode and sales mode
If you estimate what the burn rate will be, cash on hand, and figure out what they need to be cash flow positive next year. Then multiply the latter by x10, then you know what their internal projections are.
That is way better than the analysts that are guessing and don't even have a clue what was released when. Oh and get their info off of tweets.
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