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Assertion Supported AI assessment confidence: 85% certainty 4/5 debate potential 1/5

Allison: Evotix will finish fiscal year at £15M ARR with 40% growth

Matthew Allison · Evotix hits $17m ARR, 6 Months from breakevent, 5+ Year Track record of 40% YoY Growth · Jan 17, 2023 · at 4:15

Matthew Allison, CEO of EHS software company Evotix, discusses the company's financial growth metrics with Nathan Latka.

0:00 / 0:15exact quote · 15.6s
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“Yeah, so we will end our financial year on about fifteen million of sterling of ARR. One, five million? 15, one, five, fifteen million, yes. And so that'll be 40% growth for us.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Matthew Allison

Prediction Not checkable as stated
Allison: Evotix Will Reach Cash Flow Breakeven by Mid-2023
“So we will be cash break even by the middle of next year, or middle of this year rather now.”
Matthew Allison Jan 17, 2023 ▶ 13:16 Evotix hits $17m ARR, 6 Months from breakevent, 5+ Year Track record of 40% YoY Growth
Assertion Not checkable as stated
Allison: Evotix maintains 110% to 115% net retention
“So we're at a 110, 115% net retention. So we're expanding existing customers, but the core for us is new logo acquisition.”
Matthew Allison Jan 17, 2023 ▶ 4:51 Evotix hits $17m ARR, 6 Months from breakevent, 5+ Year Track record of 40% YoY Growth
Assertion Not checkable as stated
Allison: Evotix experiences 5% gross churn and 15%+ expansion
“So we're churning about five percent. And so expansion then is, is 15% plus.”
Matthew Allison Jan 17, 2023 ▶ 5:08 Evotix hits $17m ARR, 6 Months from breakevent, 5+ Year Track record of 40% YoY Growth
Assertion Not checkable as stated
Allison: Evotix Monthly Net Burn Is Closer to $100K Than $1M
“Oh, oh, closer to a hundred grand than the million.”
Matthew Allison Jan 17, 2023 ▶ 13:29 Evotix hits $17m ARR, 6 Months from breakevent, 5+ Year Track record of 40% YoY Growth
Assertion Not checkable as stated
Allison: Most mid-market EHS target customers still use pen and paper
“Lots of our target customers are still doing that with pen and paper and Excel spreadsheets. Obviously that's inefficient. It's difficult to demonstrate your compliance and you can't really learn anything from your data.”
Matthew Allison Jan 17, 2023 ▶ 2:51 Evotix hits $17m ARR, 6 Months from breakevent, 5+ Year Track record of 40% YoY Growth
Assertion Not checkable as stated
Allison: Manufacturing represents approximately 20% of Evotix's revenue
“Manufacturing is the biggest, but that'll be about 20%, so we've got pretty good referenceability across a number of sectors.”
Matthew Allison Jan 17, 2023 ▶ 9:56 Evotix hits $17m ARR, 6 Months from breakevent, 5+ Year Track record of 40% YoY Growth
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