Posted on 31 May, 2018 | 1 mins
Today, 9 Spokes publishes its Preliminary Final Report for the financial year ending March 2018.
As a review of the financial year just gone, the report touches upon a number of growth statistics, targets and commentary from the Board.
“Operationally, we have made strong gains this year,” the report reads.
“All the metrics we track as critical indicators to our growth showed solid improvements:
- Revenue growth was up 474% year on year, to $6.7 million
- We achieved our Annual Recurring Revenue (ARR) target of $6 million, a 100% year-on-year increase
- Our user base grew 50-fold from 1,000 users to 50,000 by the end of the financial year (see table 1).”
“9 Spokes’ aim is to have a meaningful impact on empowering a significant share of the hundreds of millions of small to medium-sized enterprises globally to be more successful in everything they do.
“We do that by providing a business app marketplace to enable them to select the right software to run their business. We also provide a dashboard to give them a single view of the live performance of their business."
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