Didn't expect the Q this early so missed it until
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Posted On: 11/07/2024 6:52:25 PM
Didn't expect the Q this early so missed it until now.
Revenue for all of 2023 was $63K (2022 was $8K).
Now you have revenue at $128K this quarter which is over 4x that of Q3 2023.
Revenue YTD is $172K and the SH letter said...
So let's make it simple and say Q4 revenue just matches Q3 instead of "greatly exceed".
$172K + $128K = $300K
That is 5x the revenue of last year. 346% growth YoY.
Let's look at this year
Q1: $7K
Q2: $37K (429% growth)
Q3: $128K (246% growth)
Q4: ?
While the number may appear to be small, what I've repeatedly said is what really matters is the growth trajectory.
No one will care if there is 10% growth YoY, but this is quite impressive if they can keep it up with triple digit growth at this early stage.
BTW: I saw another new face on the team and they have posted another opening. Why would they be hiring so many live stream hosts?
https://www.linkedin.com/jobs/view/4064838488/
Revenue for all of 2023 was $63K (2022 was $8K).
Now you have revenue at $128K this quarter which is over 4x that of Q3 2023.
Revenue YTD is $172K and the SH letter said...
Quote:
Third quarter results will be exceedingly better than second quarter results as these business units are now hitting their stride, and based on what we’re seeing right now, fourth quarter will greatly exceed third quarter results
So let's make it simple and say Q4 revenue just matches Q3 instead of "greatly exceed".
$172K + $128K = $300K
That is 5x the revenue of last year. 346% growth YoY.
Let's look at this year
Q1: $7K
Q2: $37K (429% growth)
Q3: $128K (246% growth)
Q4: ?
While the number may appear to be small, what I've repeatedly said is what really matters is the growth trajectory.
No one will care if there is 10% growth YoY, but this is quite impressive if they can keep it up with triple digit growth at this early stage.
BTW: I saw another new face on the team and they have posted another opening. Why would they be hiring so many live stream hosts?
https://www.linkedin.com/jobs/view/4064838488/
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