RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Buying MoreThe MTLO CEO has quoted "a fairly conservative" 40 million seats using Martello DEM software by end of 2024. Their recent MS 365 user projections have been fairly accurate. Watch starting at 3:20 for CEO commentary on users by 2024
https://www.youtube.com/watch?v=Cd2_7qdEsgM
-the entire presentation is very good.
The percentage of 365 users utilizing DEM services will increase 400% between 2020 and 2024. According to Gartner, "By 2024, 50% of enterprises that use Office 365 will switch to a dedicated third-party solution for monitoring the Office 365 employee experience, up from less than 10% in 2020"
https://www.gartner.com/doc/reprints?id=1-24H7WDS6&ct=201028&st=sb canyousayiii wrote: Bigreturn11, I have been invested in MTLO for quite some time but I am not really in the know of what the clients really need. I thought Covid would have been a greater gift for MTLO's business by now than it has. But, whatever, I can wait. In terms of the operating leverage, while things from existing products could feed to the bottom line, the gross margins for software companies are not that meaningful IMO. The money they make has to be used on keeping yourself current and will be used for other purposes, some of them will undoubtedly not bring value, as we have already seen. I have seen companies with 40ish% gross margins on their products without much more revenues making a profit. And I don't know the pricing structure well enough to be able to extrapolate current revenue for 2.2 million users to 24 million target that you speak of, which is not on the presentation slide except for the 60% just over a year growth over the current base. I will continue being patient, but the track record of strong performance for a software company so far is not as stellar just yet, especially as it is skewed by acquisitions. I have everything to gain if I am wrong. I am not pessimistic enough to sell, but I am not comfortable enough to buy more, at this point. GLTA.