2024-02-16 00:33:27 ET
Summary
- Customer growth increased by 16%, with smaller accounts driving growth, likely to convert nicely into larger accounts thanks to the new upselling scheme.
- Slower sales cycles are ending, major strategic wins were signed, and NRR declines are decelerating, indicating positive momentum and potential profitability.
- Particularly, stability in the lowest sized customer in the mix indicates a good harvest incoming of upsells.
- Leading indicators show accelerating revenue growth, and the cost controls in 2023 are going to quite easily bring the company into operating profitability in 2024.
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Similarweb Q4: Major Success In Variable And Fixed Cost Control