19 Matching Annotations
  1. Aug 2021
    1. 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"

    2. 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.