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Read the announcement again, slowly and carefully. "cashburn and...

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    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.
    Last edited by jlo2012: 11/02/19
 
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