Weblium
company on 1 show · 6 statements across 1 episodes · said 8 times in 1 episodes since 2019
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Weblium operates unprofitably with a monthly burn rate of $85,000
“So we still we still not profitable. We need our burn rate is about 85,000 dollars.”
All 3,200 Weblium customers pay their annual subscription upfront
“They prepare for a year, so that is why we don't have any, all of those 3200 customers, they paid for a year in the back.”
Weblium projects a 5-6 year customer lifetime value of $600-$700
“So LTV is around five to six years. So we basically return after investing into site creation, we're getting back 600 to 700 bucks.”
Weblium acquires customers with zero ad spend by partnering with banks
“So I already signed up five most the biggest banks in the Ukraine. We work with two banks in Austria right now. One big banking group, which is covering 26 countries is right now, like we are signing up the contract. So actually, actually, we do not spend any …”
Weblium generates $425k in yearly revenue with 250% growth
“I have like 425,000 yearly revenue. Cause like it's growing like crazy months over months. It's about 250% gross.”