Incredible announcement today folks. Could not have even predicted that rate of growth with a 50% increase to 600k paid users in under 1 month! Helloo??? anybody watching this!
They have quite a good business model, partnering with resellers with a large user base. Great margins, and easily expandable. Early results with email backup has been promising and this might accelerate growth further. Previous forecasts were cash flow positivity by end of calendar year, but we may actually start seeing that during this quarter IMO. Blown away really. Well done to holders. This could be just the beginning!
Ann: Commentary on June quarter, page-18
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