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Ann: Appendix 4C - quarterly, page-22

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  1. 1,256 Posts.
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    Hi @goldbear77  or anyone else with an explanation:

    On page 5, 2nd paragraph. I don't understand the following wording:

    "As a multi-year, billed monthly SaaS business, this is a cumulative business – ie:
    for the next several years, the number of paying customers exiting each month becomes the
    base for the next month upon which growth is built. "

    Shouldn't this read,
    "As a multi-year, billed monthly SaaS business, this is a cumulative business – ie:
    for the next several years, the NET number of paying customers AFTER ADDING AND EXITING each month becomes the base for the next month upon which growth is built. "

    (I'm probably wrong, as I don't really expect DM to mix his words up - or maybe I'm being pedantic)

    Apart from that, the update seemed pretty much as I expected.
 
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