Yes, it could be worth $29k a month to cash receipts if the clients paid us evenly (which it may not be), but contracted value over a 12 month period is $350k to ARR which is the more commonly accepted measurement for reporting.
It's a good increase in 1 month, a 3% increase in ARR every month would see substantial increases in revenue for the business.
Now with additional sales resource joining, they might even be able to exceed that in the back half of 2019.
Good to see a nice rise from the announcement, but I still feel the market is undervaluing the growth here.
CV1 Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
