Nathan Latka
👤 Speaker
223769
total appearances
Appearances Over Time
Podcast Appearances
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
Yep.
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
Yep.
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
But just to be clear though, that's before you're paying your cost capital on the prom notes and all that.
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
Yes.
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
Yes.
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
So that's still pretty good.
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
So that would be, I mean, if you're taking 16, I mean, you can back into something like 30, 32, 33 million of revenue that you're keeping your take rate on that.
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
Yeah.
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
Pre-losses.
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
I mean, that's still very good in terms of revenue per employee with 90 people.
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
Yeah.
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
How does a company like you get valued in the equity markets?
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
Is it 1x, 70 million or 10x?
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
Or how do you think about that?
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
Yeah.
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
How do you drive your cost of capital down to increase your margin?
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
You're under that.
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
Oh, that's great.
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
So you don't think there's much room to push that lower though right now?
SaaS Interviews with CEOs, Startups, Founders
Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?
No, not at all.