04-08-2019, 09:38 PM
Hi! First of all, congratulations for your work and good results.
I am new to the forum and got here researching TEUM. I have a couple of issues I'd like to share:
As TEUM model is similar to a Saas model, we can apply the same principles to this company.
To understand it's true value we have to model the earnings curve, since it costs a lot to add a new customer and then the payments follow through slowly, it is essential to model the economics of the unit.
That is, if TEUM earns money on each deal (future cash to be received (adjusted with dollar retention rate which is positive - great) minus money necessary to hook up that customer) we can model the earnings curve.
I haven't been able to find the cost of acquiring a customer (which is many times underestimated) in the 10K.
Does anybody have any thoughts on this?
I am new to the forum and got here researching TEUM. I have a couple of issues I'd like to share:
As TEUM model is similar to a Saas model, we can apply the same principles to this company.
To understand it's true value we have to model the earnings curve, since it costs a lot to add a new customer and then the payments follow through slowly, it is essential to model the economics of the unit.
That is, if TEUM earns money on each deal (future cash to be received (adjusted with dollar retention rate which is positive - great) minus money necessary to hook up that customer) we can model the earnings curve.
I haven't been able to find the cost of acquiring a customer (which is many times underestimated) in the 10K.
Does anybody have any thoughts on this?