Share
940 Posts.
lightbulb Created with Sketch. 314
clock Created with Sketch. 10/01/20
06:53
Share
Originally posted by Vmk Research:
↑
"the salary and bonus of the two co-founders seems a little high in light of shareholder returns over the last year. The board's compensation committee, , and indeed the board in general , needs a composition that could be more accountable to shareholders." I should have been emphatic. The bonuses of the two co-founders were too high last year in light of shareholder returns.
Expand
VMK, agree and also draw your attention to the loans to execs. Agree also this is about ARR growth (organic or not) Looking at the AR I have a few q's. Increase in Ave ARR - I don't know how they get the figure of 50%. For me it is about 10% (i.e. 39.2k to 43.6k) This increase is largely due to Wizdom acquisition. Non Wizdom ARR growth is quite small. To your earlier point about revenue received lagging ARR, you can see that it is roughly a year. It is also clear that they will need a CR soon given the cash burn and final Wizdom payment.
