thoughts, page-2

CCR have reported around $1million of potential new revenue every month for the last 20 months - so you would expect total revenue to go up from around $34 mill in Jan 2022 - to $55 mill now - but they only reported $35 mill in the last quarterly...

So what is happening?

1) lag means potential money takes 12? 18? 20? months to come in (onboarding? trials?...)
2) CCR let 'unprofitable' customers go - we never found out how much - but clearly reduced overall revenue earned
3) potential revenue is just that - potential - maybe clients canceled plans - therefore we need to apply a % likelihood to this number

All of this should smooth out at some point - I'm waiting for that quarter to arrive that shows material revenue progress...

Surely can't be long now...