CT1 0.00% 0.2¢ constellation technologies limited

$9m Undervalued IoT Gem, page-102

  1. 49 Posts.
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    I agree with the sentiment but not the timing. IMHO big announcements might take longer.
    Right now, 'relax' is also my position. They're showing the right signs for a young tech start-up.

    Software/Solution as a Service (SaaS) businesses build gradually over time.
    Its encouraging to see small sales being announced on CT1's website (and some good brands in the mix).
    But large corporates rarely hand small start-ups a large contract o'night.

    I don't expect the next Qtly to be spectacular.
    Even if a big contract was landed, it doesn't necessarily impact the Qtly straightaway (i.e. because we have a SaaS model).

    The company's Customer Contract Value (CCV) is building up - a good sign.
    Those who don't know much about SaaS metrics: https://www.saasmetrics.co/arr-vs-acv-vs-tcv/
    IMHO CCV seems to be the same as Total Contract Value.

    And we all want CCV to grow as fast as possible.
 
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