the total subscriber balance went from 3.95 to 4.16mil that is after churn. A 11% churn rate is actually low as it implies subscribers stay on average 9 years. In smaller businesses land, how many cafe/restaurants opens for 9years?
the best part of a SAAS business is the cost of supplying each new customer is minimal, the profit of each new subscribers should largely flows to profit, a gain of 210 new customers a year would drive profit higher by much more than the 11% growth rate.
this means they expecting a higher cost ratio next year means they have either delayed costs from this year to next or planned on doing more r&d and to try to grow their customer base.
the total subscriber balance went from 3.95 to 4.16mil that is...
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Last
$130.94 |
Change
-0.810(0.61%) |
Mkt cap ! $19.98B | |||
| Open | High | Low | Value | Volume |
| $131.11 | $131.70 | $130.61 | $32.53M | 248.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 197 | $130.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $131.00 | 5387 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$131.00 |
Change
-0.810 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| $131.24 | $131.41 | $130.61 | 24806 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| XRO (ASX) Chart |