03-13-2019, 10:32 PM
- After closing 16 transactions including iPass SmartConnect (also when they had an strategic alliance), they have a 2019 pipeline of 29 perspective sales identified through mid-March (another $166M in backlog).
- Their global connect cloud platform was just 4% of revenue in Jan 2018, at the end of Jan 2019 it's 51%, with customers rising from 25 to 533 over the same time period.
- Including iPass, 36-month backlog now stands at $800M, up from $615M at the end of 2018 and $147M at the end of 2017.
- Dollar net expansion rate of 214%
- Adjusted EBITDA of $2.3M in Q4, adjusted EPS of $0.02, 2018 adjusted EPS was $0.09.
Not done yet, we'll keep adding..