RE:RE:MTLO CEO interview on Thursday, April 20John Proctor and Erin Crowe presented. They did very well and presented on a new presentation. I belive it will hgit the public airwaves tomorro afternoon or Saturday. Here are a couple of highlights according to my rough notes (feel free to proof against the interview in the next couple of days):
- They were highly confident and appeared to be more than comfortable with their FYE22 exit rate of 3.2 million 365 users representing 60% growth. Appeared to me that they hit and exceed.
- Resellers are pushing their gizmo product and onboarding roughly 40,000 users per month and the pipeline continues to grow through the reseller.
- They believe they have about 15% of the DEM market and are pushing to get to 20%.
- Total addressible market will expand +/-six times in the next couple years. Something like 10% of users have DEM tech and expected to increase to 60% in the coming years (according to Gartner).
- They are seeing demand for growth.
- Seeing opportunity for DEM for many other cloud based operations.
- M&A acitvity sounds highly probable.
- Share consolidiation expected within one year when an opportunity presents itself.
- Reiteration that Sir Terry Matthews took $1m of the recent private placement.
PatiencePays123 wrote: Was anyone able to watch this interview live? If so could you summarize or note highlights for us?