Nathan Latka
๐ค SpeakerAppearances Over Time
Podcast Appearances
Got it.
So it's not 1.5 million a month.
It's $5 per year per meter.
So Daniel, I just want to make this really clear for the audience.
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.
Across still 10,000 unique customers?
So they each have two active meters on average then?
Daniel, hold on.
Sorry.
I want to just make sure I get the economics right.
There's 10,000 unique customers with two meters each.
So you have 20,000 active meters today at $5 a meter.
Sorry, Dan, I'll just try to, what I'm trying to focus on is your current paying customers.
I understand you want to talk about the big market and what you have access to, but your customers, your paying customers, right?
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.
Correct.
That is correct.
So then can we calculate growth rates?
So a hundred grand today, what were you at exactly one year ago?
Hold on, Daniel.