Calculating and projecting revenue growth are essential metrics to understanding the health of your business. To figure out your current revenue growth, you subtract the most recent period you are looking at (month, quarter, or year) from the prior period and then divide the result by that same prior period.
Month-over-month growth is a key metric for measuring the growth of your business. To calculate Month-over-Month growth, subtract the first month from the second month and then divide that by the last month’s total. Multiply the result by 100 and you’re left with a percentage. The percentage is your Month-over-Month
Duolingo came on the scene in 2011 operating as a teach and translate language learning app. It has since transformed into a $700+ million business, and become the first EdTech app to top $140 Million in annual revenue. Pretty good numbers, for a language learning app that still doesn’t charge
Since Uber’s first ride request in 2010, the tech giant’s innovative engineers have revolutionized the rideshare industry. Fast forward to 2021, and withstanding a global pandemic, the company is now valued at over $15 billion. These are impressive numbers for what started out as a simple idea that quickly became