Prediction certainty 3/5 debate potential 1/5

Metrailler forecasts SpotMe 2020 top-line revenue between $16M and $20M

Pierre Metrailler · SpotMe Using COVID For $22m SaaS Event Platform Pivot, 300 Customers Paying! · Oct 16, 2020 · at 6:20

SpotMe CEO Pierre Metrailler discusses expected 2020 full-year top-line revenue with Nathan Latka.

0:00 / 0:06exact quote · 6.7s
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“Probably, you know, anywhere between 16 to 20, 16 to twenty million is probably where we land on top line.”

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More from Pierre Metrailler

Disclosure
Metrailler: SpotMe permanently abandoned its legacy in-person event services
“And we've burned our ships, right? We're not coming back to that.”
Pierre Metrailler Oct 16, 2020 ▶ 17:16 SpotMe Using COVID For $22m SaaS Event Platform Pivot, 300 Customers Paying!
Assertion Not checkable as stated
SpotMe faced 900 customer contract pullback requests at COVID's onset
“We had about 900 cases with customers who are trying to, you know pull back their contracts.”
Pierre Metrailler Oct 16, 2020 ▶ 3:35 SpotMe Using COVID For $22m SaaS Event Platform Pivot, 300 Customers Paying!
Prediction Not checkable as stated
SpotMe lost three to four months of recurring revenue to COVID
“We do think overall we're going to lose between three to four months of recurring revenue.”
Pierre Metrailler Oct 16, 2020 ▶ 3:42 SpotMe Using COVID For $22m SaaS Event Platform Pivot, 300 Customers Paying!
Assertion Not checkable as stated
SpotMe generated $22M total revenue and $6M ARR in 2019
“Last year we had, our top line revenue last year was about twenty-two million dollars, right? And one of the things we did last year, and in that, you, we are counting about six million ARR, right?”
Pierre Metrailler Oct 16, 2020 ▶ 4:08 SpotMe Using COVID For $22m SaaS Event Platform Pivot, 300 Customers Paying!
Prediction Not checkable as stated
Metrailler projects SpotMe will reach $12M-$13M ARR in 2020
“So I think we're going to be hitting 12 to thirty million. So more than a hundred percent growth in, in, in ARR.”
Pierre Metrailler Oct 16, 2020 ▶ 5:36 SpotMe Using COVID For $22m SaaS Event Platform Pivot, 300 Customers Paying!
Disclosure
SpotMe funded 20 years of operations purely on cash flow and debt
“We did get investment in the early years, like, 20 years ago when we were a hardware business, and it was a single-digit investment. But since then, we've been purely from cash flow and debt and bank debt, right?”
Pierre Metrailler Oct 16, 2020 ▶ 6:47 SpotMe Using COVID For $22m SaaS Event Platform Pivot, 300 Customers Paying!
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