Patrik Fagerlund
๐ค SpeakerAppearances Over Time
Podcast Appearances
It might be a big app coming up as well.
yeah okay basically and then on top of this we have an opportunity to charge for specific basic data components it could be that we would charge specifically for extended version of the of the algorithm it could be for a specific format that we produced so that goes into that calculation as well okay so i mean are you comfortable sharing what was your revenue last year did you break a million
Yeah, so last year, I think we didn't do 40.
We did just shy of that.
So it was like 36, 37 million dollars.
What was your actual, like take me down to like gross margin, because your biggest cost of goods sold is obviously the... Yeah, so then obviously we mix the old model and the new model, and we're trying to move over as fast as we can.
So that means that you will have a mix of 100% margin, a mix in the area of 40%, and now we're in just about 50%.
Half of that roughly is our money.
We've been bootstrapped initially, but we have been funding it as well.
We're 130 people, as I said, and it's difficult to scale that.
We pulled in in the area of close to $30 million, I think.
No, it's non-strategics.
And over the years, we had sort of propositions from strategics, but we actually turned them down.
So this is more VC, a VC fund.
Because as soon as you move in that direction, a strategic player might be that you can't work with other strategics.
And therefore, we just kept off that track.
In the area of 500 maybe.
Okay, so about 500.
Yeah, so I think the big difference from us compared to a lot of others is that we keep control of the supply.
So we have deeper integration, so we can actually control where we service ads.