Read the announcement again, slowly and carefully. "cashburn and ARR will decrease in the short term".
Revenue is decreasing by $115k a month, or $1.38mil a year when annualised on a run rate basis (The definition of what ARR is!).
This is an immediate 30% reduction in ARR to $3.22mil in one hit. A lot of new users will need to be won to just tread water and get back to the $4.6mil ARR that had been reported before this announcement.
Enough with the ramping - just deal with the figures that have been released. This is in no way a positive announcement.
Ann: Operations Update, page-30
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DSE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.90 |
Change
-0.160(3.94%) |
Mkt cap ! $239.5M | |||
| Open | High | Low | Value | Volume |
| $4.05 | $4.07 | $3.90 | $139.4K | 34.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 383 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.98 | 482 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| DSE (ASX) Chart |
