{"id":7035,"date":"2014-05-20T05:55:15","date_gmt":"2014-05-20T12:55:15","guid":{"rendered":"http:\/\/localhost\/exoblog\/?p=7035"},"modified":"2023-06-05T16:49:14","modified_gmt":"2023-06-05T14:49:14","slug":"exo-financial-results-q1-exceed-expectations","status":"publish","type":"post","link":"https:\/\/www.exoplatform.com\/blog\/exo-financial-results-q1-exceed-expectations\/","title":{"rendered":"eXo Financial Results for Q1 Exceed Expectations"},"content":{"rendered":"<p>I am pleased to report a great first 2014 quarter.<\/p>\n<p>Thanks to a high number of inbound leads, stable conversion rates throughout our funnel, and shorter sales cycles:<\/p>\n<ul>\n<li><b>Our subscription bookings went up 136% Y\/Y<\/b><\/li>\n<li><b>Our new Annual Recurring Revenue (ARR) went up by 238% Y\/Y<\/b><\/li>\n<\/ul>\n<p><!--more--><\/p>\n<p>During the same period, our <strong>total cost of sales worldwide went down by 73% Y\/Y<\/strong>, which resulted in an <strong>89% decrease of our Customer Acquisition Cost<\/strong> (CAC).<\/p>\n<p>This high growth did not affect our Annual Customer Value (ACV) and our Life Time Value (LTV), which both remained unchanged.<\/p>\n<p>Even though revenue recognition impact of new bookings is delayed, our <strong>2014 Q1 EBITDA improved by 27% Y\/Y<\/strong>.<\/p>\n<p>For Q2, we expect this trend to continue with a three-figure growth rate for new annual recurring revenue.<\/p>\n<p><a href=\"https:\/\/community.exoplatform.com\/portal\/dw\/\" target=\"_blank\" rel=\"noopener\"><b>Join the eXo tribe<\/b><\/a><b> by registering for the community and get updates, access tutorials, support, and downloads!<\/b><\/p>\n<p><!--begin adv-events--><\/p>\n<div class=\"adv-events\" style=\"background: #476fad; padding: 30px 20px; color: white; border-radius: 3px;\">\n<div class=\"media\">\n<div class=\"pull-right\"><a href=\"#\"><br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-6587 alignright\" src=\"https:\/\/www.exoplatform.com\/blog\/wp-content\/uploads\/2014\/02\/how-to-make-the-most-of-eXo-platform41.png\" alt=\"make-the-most-out-of-eXo-platform4\" width=\"161\" height=\"85\" \/><br \/>\n<\/a><\/div>\n<div class=\"media-body\">\n<h4 class=\"media-heading\">Make the most out of eXo Platform 4<\/h4>\n<p>Register to the next webinar and get a complete overview of what you can do with eXo Platform 4. <strong><a href=\"https:\/\/www.exoplatform.com\/contact-us\/\">Reserve your seat now!<\/a><\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><!--end adv-events--><\/p>\n","protected":false},"excerpt":{"rendered":"I am pleased to report a great first 2014 quarter. Thanks to a high number of inbound leads, stable conversion rates throughout our funnel, and shorter sales cycles: Our subscription bookings went up 136% Y\/Y Our new Annual Recurring Revenue (ARR) went up by 238% Y\/Y","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[699],"tags":[],"lang":"en","translations":{"en":7035},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/posts\/7035"}],"collection":[{"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/comments?post=7035"}],"version-history":[{"count":0,"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/posts\/7035\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/media?parent=7035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/categories?post=7035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.exoplatform.com\/blog\/wp-json\/wp\/v2\/tags?post=7035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}