Lauren Hall

I am indeed.

We are, but we're actually a little bit different in the fact that even though we have a fully SaaS model, because we have three enterprise applications, which is providing solutions to meeting planners, to venues, which manage their functions-based group accommodation, it's their full sales and catering system, as well as inventory and time-based management systems for suppliers.

We're actually...

In the industry of travel and the events industry, there's only a big major player like Sabre.

So what Sabre does for travel, they digitize the online experience for booking for accommodation flights and car hire.

We're doing that for meetings and events.

So basically we are a global distribution platform known as a GDS, but in order to achieve a GDS, which is the entire price software connection and distribution engine in one, you have to build the technology at the source of the supply chain.

So we built operating systems to be able to manage

their live availability rates and inventory of the supply chain.

We then connected them into our marketplace, which then enables all of that supply chain to then have consumers and event organizers book in real time.

And that was really a huge problem.

It was something that I experienced many times over having teams organizing events, which was really, truly a way to be able to solve a global problem.

Yeah.

So what we do is we've got an enterprise SaaS license fee.

We've got a transaction fee.

We've got usage fees.

We've got multiple revenue streams that come across our platform.

So we're not just SaaS.

So we're obviously transactional model as well.

Probably 85% is pure SaaS.