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1) Play Magnus Group Q1 $PMG
• Bookings up 221% Y/Y to $5.3m
• Rev up 301% Y/Y to $4.6m
• Monthly paying users up 113% Y/Y to 58.7k
• ARPU up 50% Y/Y to $17.6
• New bookings target $21-$23m (previous guidance $19-21m & $14-16m)
• Cash position of $33.5m
• EBITDA -$2.5m
• Bookings up 221% Y/Y to $5.3m
• Rev up 301% Y/Y to $4.6m
• Monthly paying users up 113% Y/Y to 58.7k
• ARPU up 50% Y/Y to $17.6
• New bookings target $21-$23m (previous guidance $19-21m & $14-16m)
• Cash position of $33.5m
• EBITDA -$2.5m
2) Breaking down the growth, we see that inorganic bookings only accounts for $0.9m whereas organic bookings growth accounts for the remaining $2.8m (168%) growth. Interesting is that repeat & recurring revenue from subscriptions and courses is up 115%
I am humbled and privilleged to note that my #Research paper; "Sources of #Unemployment in #Lesotho" is now available and can be accessed via the People's Republic of #China's National #Science and #Technology #Library - #NSTL. I give thanks 😎
So far this year, I have successfully published three #Research articles in #Macroeconomics & #Finance, with another two in press. I am currently hammering away at a handful of working papers which will most certainly find a home in reputable #Journals, come 2021 🙏🏽🙂
Im currently internalising the very insightful reviewer comments on my latest #Research paper titled; "Investigating Determinants of Commercial Bank Spreads in #Lesotho", from the good folks over at the globally reputable #International #Journal of #Finance & #Economics #IJFE 😊
