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Monday, 05/21/2018 3:01:32 PM

Monday, May 21, 2018 3:01:32 PM

Post# of 112680
Just a reminder before financials are reported;

Software contracts are mostly based on monthly recurring revenue. Meaning the revenue is recognized (accounting -wise) in the month it's invoiced. NOT in the signing of the contract. Please try to understand this concept in viewing Data443 financials.

Understanding MRR

"..MRR is an acronym for Monthly Recurring Revenue, or very simply a measure of your predictable revenue stream. A primary purpose of MRR is to permit performance reporting across dissimilar subscriptions terms.."

https://www.saasoptics.com/saaspedia/calculating-mrr



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