Post by
deepthinker63 on Apr 30, 2019 9:22am
2019 guess
They used the word “encouraged”. Gane is really limited in what he can say based on past events. It’s a no-hype zone. So, encougaged may be good. They dropped hints about new DSOs, more military business, new XV modules, and talked about 1000 XV users and $5 million in “recurring” revenue, which is a new metric. (What happened to monthly SaaS revenue?).
Comment by
deepthinker63 on Apr 30, 2019 9:44am
That’s $5 million US, which is about $6.2 million Canadian, which is about 44% of total revs. So, assume recurring gets above 50% in 2019. Only info we don’t know is margin on recurring. I’m guessing it’s at least 65%.