eXo Financial Results for Q2 – New Bookings Record

eXo Platform Blog

eXo achieves its highest bookings quarter ever with Q2 2014 results:

eXo breaks its historical bookings record with a great Q2 2014:

  • Cross-product bookings up 17% Q/Q – third consecutive double-digit Q/Q growth since new product launch
  • Especially strong growth in new Annual Recurring Revenue (ARR) – +24% Q/Q, triple-digit growth Y/Y

This growth was achieved with no negative impact on sales profitability metrics. Customer Acquisition Cost (CAC), Annual Customer Value, and Life Time Value remained stable over the period.

Growth trend starts showing in revenue figures – 22% growth Q/Q in revenue from products.

We expect this trend to continue in Q3.

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I am the Chief Executive Officer of eXo Platform (the open source digital workplace platform), a company that I co-founded while in college and that I came back to after several years in the banking and consulting industry. I blog about modern work, about open-source and sovereignty issues. Occasionally, I also blog about my personal areas of interest, such as personal development, work–life balance, sustainability and gender equality.

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