Zvi Schreiber
๐ค SpeakerAppearances Over Time
Podcast Appearances
That's been a big part of our growth as well.
So that is the main revenue stream, but we also provide software as a service tools, SaaS tools, to help the freight forwarders.
We have 2,000 freight forwarders around the world who are using our software to help manage their buy rates and their sell rates.
And we also make a very small amount of revenue from the data itself.
You took a look, Nathan, at the FBX website.
So a lot of that we give away for free, but some people do pay us for more detailed data as well.
Let me just check.
Yeah, no, the average, your question was the average revenue per freight forwarder per month?
On the SaaS product, yeah.
Yeah, on the SaaS product.
It's less than that.
It's a few, I won't give an exact number, but it's several hundred dollars.
Now, it varies greatly because you've got some freight forwarders who are using the free version, not paying us anything, but driving bookings, which is our main business.
You've got big freight forwarders who pay many thousands of dollars, if not even tens of thousands of dollars per month.
So there's a huge range.
It's growing the whole time, but the SaaS is not, you know, it's really an enabler for us.
We're not trying to build a big SaaS business.
So yes, the answer is yes, but also we don't particularly care in the sense that our biggest growth by far and our future is as a transactional business.
Well, we don't announce everything that we do, but we're well-funded.
Well, if I chose not to announce it, I'm not going to tell you.