InvestorsHub NewsWire — Referrizer, LLC, the world’s most advanced marketing automation platform for local businesses today reported its financial results for the quarter and trailing twelve months “TTM” Sept 30, 2022. The company reported year-over-year 45% quarterly revenue growth, 23% quarterly revenue growth, and annual TTM revenue growth of 47% from 2021 to 2022.
Third Quarter 2022 Compared to Third Quarter 2021:
- 45% increase in revenue in Q3’22 compared to Q3’21, increasing to $1,047,591 from $724,345 in Q3’21.
- Revenue per customer increased by 36% from $573 in Q3 2021 to $779 in Q3 2022.
- Number of successful payments increased 14% from 4,010 in Q3 2021 to 4,588 in Q3 2022.
Third Quarter 2022 Compared to Second Quarter 2022:
- 23% increase in revenue in Q3’22 compared to Q2’22, increasing to $1,047,591 from $855,020 in Q2’22.
- Revenue per customer increased by 23% from $635 in Q2 2022 to $779 in Q3 2022.
- Number of successful payments increased 3% from 4,443 in Q2 2022 to 4,588 in Q3 2022.
Annual TTM 2022 Compared to Annual TTM 2021:
- Revenue increased by 47% from $2,321,177 in 2021 to $3,413,667 in 2022.
- Revenue per customer increased by 34% from $1,242 in 2021 to $1,666 in 2022.
- Number of successful payments increased 21% from 14,368 in 2021 to 17,434 in 2022.
Upcoming Highlights
Revenue Growth TTM 3rd Qtr. 2022
- TTM 3rd Qtr. 2022 revenue of $3,413,667 vs $3,090,420 Q2 2022 revenue for a 10% growth quarter to quarter.
Valuation
- With our TTM Quarterly Growth of 10%, provides a 10% improvement in pre-money valuation for investors.
Crowdfunding Campaign
- We closed the crowdfunding campaign round with $74K, $52K already funded.
Sales
- Hired CMO and Launched Digital Marketing Strategy
- Profitable New Service Offering: Platinum
- Recorded over 20 Podcast episodes with C-Level executives from Franchise Brands (doing 2-4 a week going forward)
Product
- In the process of coding the new Marketplace (Projected to represent 20% of our revenue when we hit $50M ARR)
- Coding the New Offer Creation (As part of our Product-Led future)
- Completed two additional integrations (Acuity and ClubReady)
- Coding updated version of our marketing automation feature
“Our third quarter and annual TTM results continue to thrive with 45% revenue growth over the same quarter last year and annual TTM growth of 47%” said Andre Cvijovic, the Company’s Chairman and CEO.
Mr. Cvijovic continued, “As we are nearing $5M ARR, with Q3 revenue of over $1M, we are starting to focus on our first institutional round of between $5M and $10M. Any institution interest, please get in contact with us at your earliest convenience.”
George O’Leary, Vice Chairman, said “Our TTM annual revenue going from $3.1M to $3.4M during the last quarter, increases the calculated market capitalization by another $2M similar to last quarter.”
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