Path to Profitability
A lot of tech companies talk about path to profitability without quantifying it. BPG does. See table below from the Sept 2003 shareholders meeting presentation (http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/BPG/417601/402201.pdf)
The shaded area starts at breakeven cash flow based on the lowest growth scenario (so just over $10m ARR in Aug 24).
The presentation does not give the details of each scenario, but, from earlier presentations, I think the lowest scenario is based on each month adding 100 Tier 2 customers at $617 monthly ARR. (So $740k Gross adds and about $365 net, using their assumed 5% Churn on $7.5m ARR at Feb). Based on Feb actuals, they are pretty much on the low growth scenario, Feb ARR forecast around $7.5m where it ended up. However, run rate ARR growth accelerated a lot in Jan and Feb to about $750k net. That is why I get to ARR in March 25 of $17m in my forecasts vs around about $14m under their low growth scenario.
- Forums
- NZX - By Stock
- BPG
- Ann: BPG Revenue and Product Update
Ann: BPG Revenue and Product Update, page-14
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BPG (NZSX) to my watchlist
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online