David DeYoung

20s now in terms of clients okay um we started indeed a couple of years ago but what is interesting is that the company might might exist for about four years and a half now but we kind of pivoted halfway so we we started the business focusing on cross device as well but with a more uh service oriented uh a campaign oriented business model where we were selling to agencies and brands

And we pivoted towards a business model where we are servicing SaaS companies and technology companies.

Right.

It's it's.

Uh, we, we, I am calculating.

I want to give you a good number.

Um, it's about two thirds of that.

We have some legacy companies still in the, some legacy clients from the early days.

We were doing about a 40% less, uh,

Uh, we did grow pretty, pretty good over the year.

Uh, but we also had some struggles during last year, uh, where, uh, one of our companies filed for bankruptcy, which led us, uh, basically that, well, that was a pretty big disappointment.

Yeah.

No, uh, they did about 10% of them at that time revenue.

Yeah.

You know, we were expecting of course that revenue during the year and we were already investing on top of that.

And then, uh, you know, once of a sudden they, they, they fade away and they take a big loss in, in unpaid bills.

And of course all the future revenue is not coming as well.

So that's a, that's a loss in, uh, in our, for, for us.

Sorry.

uh and then also what is happening in our industry and that's something that happens all the time in ad tech or marketing technology consolidation between companies so we might have two clients today but you know if one buys the other then you're left with one client and they're obviously not going to pay the the sum of uh that that was the previous amount paid because of the sas model