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prophetoffactz wrote: If they could go from $300,000 in ARR to $1 million in ARR in just 4 1/2 months for SalesCloser by themselves and then they add about 20 resellers how much in ARR could they have by the end of the year? And the margins on SalesCloser are exceptional. prophetoffactz wrote: At 50:30 the CEO says the market is absolutely massive. It is multiple, multiple billions of dollars. In a lot of areas, most areas, WISH is leading the pack with SalesCloser. He is very optimistic. He doesn't see a reason why this couldn't be a billion dollar company though it will take time. The company is seeing the results with its own internal processes. Whereas a salesperson could handle two qualified sales calls per day previously they can now handle 15-20 calls. SalesCloser's Annual Recurring Revenue(ARR) has also grown from just ~$300,000 at the start of the year to over $1,000,000 currently. It is WISH's most successful product in its history. This $1,000,000 in Annual Recurring Revenue is a conservative number he says during the presentation given signed agreements and the potential client ramp-up. There are over 150 clients currently. WISH is having important success with resellers. The reseller program launched just two weeks ago which will add to the momentum. The have about 20 reseller partners from diverse industries. Pipeline client opportunities have been $250,000, and $800,000 Annual Recurring Revenue per year. Margins are over 85% to approaching 90%. They are expecting cash to build in the second half of the year and don't anticipate the need for a financing. The long-term vision is also a fully autonomous marketing platform in the next 12 months as they revolutionize marketing.
prophetoffactz wrote: At 50:30 the CEO says the market is absolutely massive. It is multiple, multiple billions of dollars. In a lot of areas, most areas, WISH is leading the pack with SalesCloser. He is very optimistic. He doesn't see a reason why this couldn't be a billion dollar company though it will take time. The company is seeing the results with its own internal processes. Whereas a salesperson could handle two qualified sales calls per day previously they can now handle 15-20 calls. SalesCloser's Annual Recurring Revenue(ARR) has also grown from just ~$300,000 at the start of the year to over $1,000,000 currently. It is WISH's most successful product in its history. This $1,000,000 in Annual Recurring Revenue is a conservative number he says during the presentation given signed agreements and the potential client ramp-up. There are over 150 clients currently. WISH is having important success with resellers. The reseller program launched just two weeks ago which will add to the momentum. The have about 20 reseller partners from diverse industries. Pipeline client opportunities have been $250,000, and $800,000 Annual Recurring Revenue per year. Margins are over 85% to approaching 90%. They are expecting cash to build in the second half of the year and don't anticipate the need for a financing. The long-term vision is also a fully autonomous marketing platform in the next 12 months as they revolutionize marketing.
