Gavin Wheeldon
๐ค SpeakerAppearances Over Time
Podcast Appearances
It was, I think, around $200,000.
That's not bad.
No, it's a reasonable start.
It obviously gets a lot harder to triple and triple every year, but we're still well over 100% growth last year over this.
They're on target for probably about 140% in this financial year.
2017, I think, would probably be a push.
2018, yes.
Yeah.
Gross margin, you know, as you would expect from a SaaS company, is up, you know, sort of 80-ish percent.
One of the challenges we have on gross margin is that we also do indoor locations, so we're triangulating devices.
So every time a device pings looking for Wi-Fi, every access point that sees it, however many seconds, we're processing all of that data.
That's a lot.
And that is colossal amounts.
You know, we're processing...
many, many billions of data points a month.
Churn, we're actually, certainly from a revenue perspective, we're in negative churn.
So, you know, with expansion and increase.
That's net negative, right?
But what's gross customer churn?
Gross is about 12% per annum.