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Nathan Latka

๐Ÿ‘ค Speaker
223769 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Got it.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

So it's not 1.5 million a month.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

It's $5 per year per meter.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

So Daniel, I just want to make this really clear for the audience.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

So if you're deployed on 20,000 meters at five bucks a meter, then you're doing about $100,000 a month on that part of the business.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Across still 10,000 unique customers?

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

So they each have two active meters on average then?

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Daniel, hold on.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Sorry.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

I want to just make sure I get the economics right.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

There's 10,000 unique customers with two meters each.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

So you have 20,000 active meters today at $5 a meter.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Sorry, Dan, I'll just try to, what I'm trying to focus on is your current paying customers.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

I understand you want to talk about the big market and what you have access to, but your customers, your paying customers, right?

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

So you've got a thousand active customers today with 20,000 active meters at five bucks a meter, which would mean you're doing about a hundred thousand dollars a month in revenue on that SaaS recurring fee today.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Correct.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

That is correct.

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

So then can we calculate growth rates?

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

So a hundred grand today, what were you at exactly one year ago?

SaaS Interviews with CEOs, Startups, Founders
$4m ARR, Hospitals pay $5 Per Utility Meter To Measure Gas Emissions

Hold on, Daniel.