Revolier

8 statements across 1 episodes · 6 bullish · 0 bearish · 1 people on the record · first statement Mar 19, 2024 by Jay Ackerman · said 14 times in 1 episodes since 2024 · across every show →

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brought up most by Nathan Latka (14)

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Everything said about Revolier, oldest first

Mar 19, 2024 positive
Assertion Not checkable as stated
Reveleer Did Not Reach Cash Flow Positivity Until 2023
“I think the one, as I mentioned to you, the one we didn't get right is we thought we would end 2019 with a business that was generating positive cash. And we didn't hit that point until 20, 20, 20, 23, but we're there now and really excited about how the busin…”
Jay Ackerman Mar 19, 2024 ▶ 2:22 This Software for Doctors hit $51m revenue last year (100% growth). $5m profit.
Mar 19, 2024
Assertion Not checkable as stated
Reveleer Generated Just Under 10% EBITDA Margin on $51M Revenue
“We were just below 10.”
Jay Ackerman Mar 19, 2024 ▶ 21:49 This Software for Doctors hit $51m revenue last year (100% growth). $5m profit.
Mar 19, 2024 positive
Disclosure
Reveleer Had Existing Commercial Partnerships With Both Acquisition Targets
“And by the way, on the acquisition front, both of them were companies we had established partnerships with. So we understood one another. We knew how our products were going to work together.”
Jay Ackerman Mar 19, 2024 ▶ 14:10 This Software for Doctors hit $51m revenue last year (100% growth). $5m profit.
Mar 19, 2024 neutral
Assertion Not checkable as stated
Dynamic Healthcare Was Flat at $7M to $8M ARR When Acquired
“Acquisition one was a cash generating business of about seven, eight million of ARR. Like it was, it had been a flat business for a long time.”
Jay Ackerman Mar 19, 2024 ▶ 13:36 This Software for Doctors hit $51m revenue last year (100% growth). $5m profit.
Mar 19, 2024 positive
Assertion Not checkable as stated
Reveleer Has Grown to 88 Enterprise Healthcare Customers From 30
“So we're approximately 80 eight customers today. Yeah, from 30.”
Jay Ackerman Mar 19, 2024 ▶ 9:32 This Software for Doctors hit $51m revenue last year (100% growth). $5m profit.
Mar 19, 2024 positive
Assertion Not checkable as stated
Reveleer's Average Contract Value Approaches $900,000 Per Customer
“And our average contract values continued to grow to where we're Approaching 900,000 annual contract value per customer.”
Jay Ackerman Mar 19, 2024 ▶ 9:39 This Software for Doctors hit $51m revenue last year (100% growth). $5m profit.
Mar 19, 2024 positive
Assertion Not checkable as stated
Reveleer Outsold Dynamic Healthcare's Prior Five-Year Sales in 12 Months
“And we, in the first 12 months of owning them, we sold more new business than they had sold in the prior five years.”
Jay Ackerman Mar 19, 2024 ▶ 12:30 This Software for Doctors hit $51m revenue last year (100% growth). $5m profit.
Mar 19, 2024 positive
Disclosure
Reveleer Secured a $65M Pure Debt Facility to Fund M&A
“No, actually it was debt. We it was all debt. We now that our business is generating cash and we have really good understanding of the unit economics of our business we wanted to raise a debt facility to support M&A. And so Hercules is, we actually had a great…”
Jay Ackerman Mar 19, 2024 ▶ 17:48 This Software for Doctors hit $51m revenue last year (100% growth). $5m profit.
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