MRR | Jotup

Locafy Reports Fiscal First Half 2024 Results

Retrieved on:

Tuesday, April 2, 2024

Shift, Database, Platform, Partnership, Travel, KPI, MRR, Depreciation, Research and development, Ecosystem, Optimism, Advertising, Marketing, Directory, Video game

PERTH, Australia, April 02, 2024 (GLOBE NEWSWIRE) -- Locafy Limited (Nasdaq: LCFY, LCFYW) (“Locafy” or the “Company”), a globally recognized software-as-a-service technology company specializing in local search engine marketing, today reported financial results for the 2024 fiscal first half ended December 31, 2023. All financial results are reported in Australian Dollars (AUD).

Key Points:

“Our 2024 fiscal first half presented several promising opportunities for our business that inform our optimism for the rest of the fiscal year,” said Locafy CEO Gavin Burnett.
We look forward to providing updates in the coming quarters.”
Results compare the 2024 fiscal first half end (December 31, 2023) to the 2023 fiscal first half end (December 31, 2022) unless otherwise indicated.
This increase is mainly due to the higher starting cost base of capitalized development cost for fiscal 2024 compared to fiscal 2023.
Monthly recurring revenue (MRR) for the 2024 fiscal second quarter was $314,000, a 32.2% decrease compared to $464,000 for the comparable year-ago period, and a 12.5% decrease compared to $360,000 for the 2024 fiscal first quarter.

Cellectar Biosciences Reports Financial Results for Year Ended 2023 and Provides a Corporate Update

Retrieved on:

Wednesday, March 27, 2024

FLORHAM PARK, N.J., March 27, 2024 (GLOBE NEWSWIRE) -- Cellectar Biosciences, Inc. (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on the discovery, development, and commercialization of drugs for the treatment of cancer, today announced financial results for the year ended December 31, 2023, and provided a corporate update.

Key Points:

FLORHAM PARK, N.J., March 27, 2024 (GLOBE NEWSWIRE) -- Cellectar Biosciences, Inc. (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on the discovery, development, and commercialization of drugs for the treatment of cancer, today announced financial results for the year ended December 31, 2023, and provided a corporate update.
Net cash used in operating activities during the twelve months ended December 31, 2023, was approximately $32.4 million.
General and Administrative Expense: G&A expense for the year ended December 31, 2023, was $10.7 million, compared to $9.6 million for the year ended December 31, 2022.
Cellectar management will host a conference call for investors today, March 14, 2024, beginning at 8:30 am Eastern Time to discuss these results and answer questions.

Wishpond Marks First Anniversary of Propel IQ; Highlighting Lower Customer Churn Rates and Accelerating Customer Growth

Retrieved on:

Tuesday, March 5, 2024

Propel, Marketing, Growth, Customer, LTV, SMS, MRR, Customer lifetime value, Customer attrition, Mobile phone

Launched in March 2023, Propel IQ is Wishpond's 'All-in-One' marketing platform built to serve all our customers' digital marketing needs.

Key Points:

Launched in March 2023, Propel IQ is Wishpond's 'All-in-One' marketing platform built to serve all our customers' digital marketing needs.
Ali Tajskandar, CEO of Wishpond, commented, "Propel IQ is putting Wishpond on track for its next stage of growth.
Looking ahead, we anticipate the growth of Propel IQ to continue this trajectory and become a cornerstone for growth and profitability for Wishpond."
Up to 40% Lower Customer Churn: The customer churn rate for Propel IQ customers is between 30 and 40% lower in some cohorts compared to customers of other Wishpond solutions.

Spain Compact Construction Equipment Market Outlook 2023-2029: Increased Investments in Green Energy Projects Across the Country to Propel the Sales of Compact Construction Equipment

Retrieved on:

Wednesday, February 14, 2024

Application of compact construction equipment in the material handling segment accounted for the largest share in 2022.

Key Points:

Application of compact construction equipment in the material handling segment accounted for the largest share in 2022.
Rising investment in housing, warehouse expansion, and public infrastructure projects is expected to drive the demand for compact excavators in the Spain compact construction equipment market.
Approvals for new office construction projects in Spain have increased significantly in 2023.
The construction companies must meet higher sustainability and energy efficiency standards at each stage of the project's lifecycle.

Contractor+ Announces Reg CF Round on Wefunder, Propelling the Future of Field Service Management with Innovative AI Technology

Retrieved on:

Wednesday, February 7, 2024

Partnership, Reg, MRR, Growth, Assistant, AI, CACI, Construction

The forthcoming funding round is not just a financial leap but also a technological one, as Contractor+ is poised to revolutionize the industry with its patent-pending Contractors Assistant AI.

Key Points:

The forthcoming funding round is not just a financial leap but also a technological one, as Contractor+ is poised to revolutionize the industry with its patent-pending Contractors Assistant AI.
This Reg CF round will catalyze our development, bringing this revolutionary tool to our users and redefining excellence in the field service management sector."
As Contractor+ embarks on this ambitious journey, it warmly welcomes investors who share its vision for innovation and excellence.
With a formidable team, a proven growth trajectory, and a revolutionary AI technology on the horizon, Contractor+ is not just an investment; it's a partnership in shaping the future of field service management.

Recharge Releases "2023 in Review: The Year of the Routine" Insights Report

Retrieved on:

Tuesday, February 6, 2024

COVID-19, MRR, Marketing, DTC, Churn, Subscription business model, HomeGoods, Emotion, LTV, Pet, SVP, AOV, Personal care, Beauty

SANTA MONICA, Calif., Feb. 6, 2024 /PRNewswire/ -- Recharge, the #1 subscription platform, today announced the release of its report "2023 in Review: The Year of the Routine." Report findings show that as subscription commerce continues to grow, the brands seeing the greatest success are the ones that embed themselves into customers' daily lives. Subscribers and brands continue to crave ways to build and maintain relationships, not just through subscriptions but through a holistic retention strategy.

Key Points:

Report findings show that as subscription commerce continues to grow, the brands seeing the greatest success are the ones that embed themselves into customers' daily lives.
Subscribers and brands continue to crave ways to build and maintain relationships, not just through subscriptions but through a holistic retention strategy.
"Our whole business strategy is predicated on the idea that brands' long-term relationships with existing customers are critical to overall success," said Oisin O'Connor, Recharge co-founder and CEO.
At Recharge, we've worked to find ways to make the subscriber journey even more seamless, and to help merchants create opportunities to deepen and expand those relationships."

Visionary eVTOL Influencers Seek Joint Venture Partner for Wingless Personal Aircraft Using NASA-Proven Propulsion

Retrieved on:

Tuesday, January 30, 2024

Aircraft, Wind, Urban Air Mobility, Multimedia, LSA, Hip, MRR, NASA, Certification, DARPA, Epiphany, News

Key to its impressive utility and vast potential commercial appeal is its predicted 300+ mile normal range; exciting 160-mph top cruise speed; and exceptionally quiet, neighbor-friendly, sound.

Key Points:

Key to its impressive utility and vast potential commercial appeal is its predicted 300+ mile normal range; exciting 160-mph top cruise speed; and exceptionally quiet, neighbor-friendly, sound.
The normally unspoken, gorilla-in-the-room, problem with most other one- and two-place personal eVTOL aircraft under development is their very limited useful range of 100 miles or less, and MRR (Mission Radius Range) measured in tens of miles.
MRR being the range from point of departure, to point of destination, then back home, without recharging!
Having adequate MRR is crucial due to the lack of existing infrastructure to provide suitable and functioning destination recharging units.

Arthur Debuts Recommender System Support to Bolster the Performance of AI-Driven Recommendation Engines for Online Businesses

Retrieved on:

Tuesday, January 23, 2024

Recommender system, Social media, Artificial intelligence, Amazon, Partnership, MRR, AI, Morgan Stanley, Netflix, AAAI, AUC, Conference, MAP, Organization, Discounted cumulative gain, News

NEW YORK, Jan. 23, 2024 /PRNewswire/ -- Arthur, an AI performance platform trusted by some of the largest organizations in the world to ensure that their AI systems are well-managed and safely deployed, today introduced a powerful addition to its suite of AI monitoring tools: Recommender System Support. This new technology is set to revolutionize the way online businesses utilize recommender systems in the digital economy, enabling them to drive customer satisfaction levels and increase revenue growth.

Key Points:

This new technology is set to revolutionize the way online businesses utilize recommender systems in the digital economy, enabling them to drive customer satisfaction levels and increase revenue growth.
By launching comprehensive support for monitoring Recommender Systems in Arthur Scope , companies now have an easy way to solve this problem.
Arthur ensures continued relevance, accuracy, and effectiveness of recommender systems over time by alerting developers to any discrepancies in the recommendations.
This proactive monitoring is vital for maintaining system integrity and performance, enabling recommender systems to adapt to changes in the data they rely on.

Wishpond's Annual CEO Letter Highlights Improvements in Revenue Growth and Profitability in 2024

Retrieved on:

Thursday, January 18, 2024

SAAS, Adjustment, Luigi, MRR, AI, Language, Tier 1, Growth, Investment, Churn, Artificial intelligence, Earnout, Customer, Software, LTV, KPI, Marketing, SMB, Sales

Wishpond expects improvements in revenue growth and cashflow in 2024, driven by increasing sales of Propel IQ and the introduction of AI enabled marketing products.

Key Points:

Wishpond expects improvements in revenue growth and cashflow in 2024, driven by increasing sales of Propel IQ and the introduction of AI enabled marketing products.
We are expecting improvements in both growth and profitability in 2024.
Since going public in December 2020, the Company has more than tripled its revenue and doubled its number of customers.
With these two major investments in Propel IQ and major AI development in 2023, we are eagerly looking forward to increasing revenue growth and profitability in 2024.

Inframail Shatters Industry Norms, Reaches $430k ARR in Record Time

Retrieved on:

Monday, January 15, 2024

Microsoft, Partnership, Revenue, ESP, MRR, DNS, Information technology

Innovative Email Service Provider Transforms Digital Communication Landscape

Key Points:

Achieving an impressive $36.8k in Monthly Recurring Revenue (MRR) within a mere eight months, Inframail stands as a testament to innovative solutions reshaping modern business practices.
Inframail disrupts traditional ESP models by offering unlimited domain email hosting at a flat rate.
"Inframail is more than just an ESP; it's a game-changer in how businesses handle email communication," said Kidous Mahtme (CEO/Founder of Inframail).
As Inframail continues to expand and innovate, it stands as a beacon of potential and success in the tech industry, leading the way in the evolution of digital communication and email services.