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Clouded Judgement 9.13.24 - 2024 Estimates

Clouded Judgement

Subscribe now 2024 Estimates Q2 earnings season is now behind us. Generally, software companies follow a beat-and-raise model in their forecasts. There’s less margin for error in software forecasting, and “beats and raises” have become harder to achieve than ever before. Follow along to stay up to date!

Cloud 252
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5+ New Ways to Network at SaaStr Annual 2024: Sept 10-12

SaaStr

We’re so close now to the 2024 SaaStr Annual!! And one our top requests for 2024 was to add additional ways to network at this year’s Annual. They explore the unique challenges and opportunities presented by different approaches, from subscription-based models to enterprise solutions. The 10th Annual!!

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How FastSpring’s Proforma Invoice API Automates Subscription Renewals, Upgrades, and Add-Ons to Maximize Revenue

FastSpring

Throughout the year, sales and subscription management teams juggle hundreds or thousands of subscription upgrades, add-ons, and renewals across customer accounts. What if every customer renewal— from estimate to invoice —was predictable and seamless for everyone involved? Predictable forecasting. The result?

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Understanding Consumption Billing and Its Challenges

Blulogix

Unlike traditional subscription-based models that offer predictable, fixed charges, consumption billing charges customers based on the actual use of services. Managing Fluctuating Billing Amounts Unlike fixed subscription models, consumption billing can result in fluctuating monthly charges for customers.

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The 2025 Blueprint for Scalable Growth in the Subscription Economy

Blulogix

By Inga Broerman The 2025 Blueprint for Scalable Growth in the Subscription Economy The subscription economy is entering a pivotal year. To succeed, subscription-based organizations must embrace smarter, more integrated approaches to billing, management, and strategy.

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A Look Back at Q1 '24 Public Cloud Software Earnings

Clouded Judgement

I’ll get into more data later on - but forward estimates largely remained unchanged coming out of Q1 earnings (meaning full year 2024 estimates stayed the same pre / post earnings). To calculate implied ARR I take the subscription revenue in a quarter and multiply it by 4. Let’s get into some high level data.

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5 Interesting Learnings from Okta at Almost $1B in ARR

SaaStr

And their subscription backlog is up 53%. Forecasting torrid growth through 2024. Okta is projecting 30%-35% growth through 2024. This really is a stunning growth rate, even faster than Slack, Zendesk, Hubspot and more at $1B in ARR. It shows the size and scale of Cloud continues to just shock us. Well past $1B in ARR.