Ann: Appendix 4C - 167% YoY growth delivers $40.1m ARR, page-8

  1. 275 Posts.
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    We just got the financials.
    A bit more color on sell side expectations.
    Blue Ocean were going for cash burn of around - $7m so this is pleasing on all counts.
    Citi were pleased on the upside with revenue and growth in customer size. Cash burn was higher then they expected because expenses were higher. So pleased with revenues and wanting more insight into where the extra expenses are going.
    Buy side range was much closer to these forums with expectations between - 6.0 and -6.75.

    Revenues were higher than anyone I spoke to (except A*** Capital who nailed it).

    Since expenses directly correlate to future growth, this is a net positive for those who sweat the details. Obviously the SP will eventually be more about when investors think they can get through the $50m ARR. More on that when we have had a chance to pour through these numbers and look at COA. Going in right direction.
 
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