This is a very interesting company. Have you been able to coraberate the companies TAM calculation? $180mm-$220mm for PLCC, ~$21mm / credit card issuer and $500k/ retialer sounds compelling but it would be nice to be able to back into how they get there, rather than just hoping Bryan is telling the truth. Also, have you been able to track historical KPI's? Seems like most people don't even know their current retialer customer count. I had trouble getting this, but If I had that I would have a better sense of where they are interms of retialer/credit card issuer penetration, and Rev/Retailer penetration.
This is a very interesting company. Have you been able to coraberate the companies TAM calculation? $180mm-$220mm for PLCC, ~$21mm / credit card issuer and $500k/ retialer sounds compelling but it would be nice to be able to back into how they get there, rather than just hoping Bryan is telling the truth. Also, have you been able to track historical KPI's? Seems like most people don't even know their current retialer customer count. I had trouble getting this, but If I had that I would have a better sense of where they are interms of retialer/credit card issuer penetration, and Rev/Retailer penetration.
What do the 2 lines mean in the EV/Gross Profit versus Revenue CAGR mean?
Wow, am I impressed.