Derive Systems

“We're up 35% year over year.”

“The enterprise business, Which is the, really the fast grower. It grew first half of the year, 43, 44% year over year.”

“So revenue is 75, 25 right now. So think of it, think of the enterprise 75 enthusiasts, 25 enterprise, right?”

“On the enterprise side, we just got these numbers yesterday, we're just hitting around 900,000 vehicles.”

“We're gonna, this year we're on track to be about a fifty five million dollar company. And that split is still going to be the same of 75, 25 this year.”

“In, in the enterprise side, we're probably getting close to that 50 range now.”

“All total across, we've got over two million vehicles that are running our technology throughout, throughout the years.”

“GEF came in and the way that they Formed this business as they acquired SCT, which was a standalone company, and that was based out of Florida. So we have big offices and two big offices and right outside of Orlando. And then they acquired bully dog, which was…”

“So a company like Comcast is, is got, you know, that, that portion, they've got our entire platform, but just on that portion alone, they're saving eight and a half million dollars a year on fuel. But more importantly, there's 24,000 metric tons of carbon that…”

“The enthusiast business is probably more like an eight to 10% top line grower with a 30 to 35% EBITDA margin. So it's a It's a very steady business that throws up a lot of cash, a lot of EBITDA.”

“And that's really the secret sauce in the enterprise fleet management space. Nobody's doing that. Everybody's reading from the ECU to do telematics and all that kind of stuff. Nobody is really writing back to it.”

“Gross margin on the enthusiast business is about 61%.”

“That ranges anywhere from 14 99 per vehicle per month, up to 29 99 per vehicle per month, depending on what package, VQ efficiency, VQ safety, you know, et cetera.”