19 Matching Annotations
  1. Aug 2021
    1. Contract terms for our SaaS products generally range from 12 to 36 months

      Annual and upto-3 year multi-contracts.

    2. (93.8 )

      EBITDA margin + Revenue growth = 13%

    3. (160.7 )

      FCF margin + Revenue growth = 4%

    4. ARR is determined by taking the sum of (i) twelve times the subscription component of MRR and (ii) four times the trailing-three-month cumulative payments component of MRR.

      Interesting way to incorporate both subscription and non-subscription revenues into "recurring revenues"

    5. 62,349

      Blended GM roughly doubled (from 9% to 17%) YoY

    6. 531,751

      Grew by 21% YoY

    7. 62,443

      Grew by over 62% YoY

    8. (220,147 )

      EBITDA margin is -27%

    9. 112,661

      G&A expenses account for ~14% of Total Revenue

    10. 108,574

      R&D expenses account for 13% of Total Revenue

    11. 139,325

      S&M expenses account for 17% of Total Revenue

    12. 140,413

      Blended GM is 17%

    13. 85,013

      GM of the Hardware part is -33%

    14. 508,816

      GM of the FinTech part is ~21%

    15. 39,730

      GM of the SaaS part is ~60%

    16. 63,968

      Hardware revenue is 7.8%

    17. 644,372

      FinTech revenue is 78%

    18. 101,374

      Recurring SaaS revenue is only 12.3%

    19. The restaurant industry is the one of the largest employers in the United States, with an estimate of more than 11 million people4 employed across approximately 860,000 restaurant locations in 2021.5 According to the National Restaurant Association, the restaurant industry’s share of the dollars spent on food was over 50% in 2019. U.S. restaurants generated nearly $700 billion in sales in 2020,6 despite the significant impact of the COVID-19 pandemic, representing approximately 3% of U.S. gross domestic product, or GDP.

      Good for TAM calculations.