Centage

“And it was an on-prem model until last year. And we converted the product, we invested it on a few, three or four million dollars, and rewrote the entire product. To be a cloud-based, you know, a hundred percent SaaS-based product.”

“We've always done about 10 to 20% of our revenue in upselling.”

“And so I would say our marketing spend is A hundred grand a month, you know, award.”

“We've been talking then mostly to New York based and California based ones. So we've talked to everybody, KKR and just everybody. We went to this You know, forum where we presented to all the top players and Excel and everybody else. And so they're all trackin…”

“The average customer is about 35, 40,000 per year.”

“We were at about twelve million last year.”

“No, 13 and a half million, we raised originally nine and a half million, and a lot of that went to recapitalize the company actually.”

“About a third of our revenue.”

“So we're at about a hundred people.”

“Our customer happens to be usually a 40 to 60 year old man, you know, he's the CFO of a Two hundred million dollar company.”

“We're looking to be about seventeen million.”

“So we've got about a thousand customers probably 10,000 users, because each customer has an average of 10 or so users.”

“So our retention rates have risen from 75% a few years ago to over 80% now, and when we go to the SAS model, we know we can get them to 90%, you know.”

“If you were to approach us today and want to buy Budget Maestro Nine, our new product, you would pay something much more, maybe five times as much as a current customer is paying for their annual maintenance and support.”

“So I would say it's probably about 30% subscription and 70% on-prem.”