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Originally posted by bigbillbrown:
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Unusual story this. Listed last year. Reported March 23 YE revenue pro forma for an acquisition of about $1.7m, cash burn of c$6m (including some one-off costs like listing expenses). Launched new product in March, Pearl Diver, and each month since have added >$300k of ARR, including >$600k in August and > $400k in September. Put that in context of only 4% of SAS businesses getting to $1m ARR ever.
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Ha, lucky there is only a small readership. Mistake in my numbers there. I was looking at the net adds for September. Looks like gross ARR added that month was $563k.
