GOO 0.00% 5.7¢ gooroo ventures limited

Forecasts or expectations?, page-2

  1. 3,546 Posts.
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    Well the latest quarterly showed revenue of about 70kAUD which is modest but still a 100% increase on the previous quarter. If they can keep these numbers up then coming off a very low base this thing could be a nice multi-bagger if momentum builds.

    One of the recent reports released in November suggested they were targeting $1m ARR (annual run rate) as there next major milestone. If/when they achieve this is unknown, but they also made a bold statement to acheive the following within the next 12 months, which would be before November - "Within c12 months: $4m ARR".

    As an idea of what they make off clients:
    Tiered subscription access
    From $2,950 / month (volume-based)

    So to reach $4m ARR they'd need to sign approximately 112 corporate client. So not that many really.
 
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