Monday, August 20, 2007

Towerstream numbers

While I don't enjoy financials, it is a learning experience to read them. And half the time, they don't make sense. For example:

  1. Towerstream increased ARPU by 1.8% to $669.
  2. Towerstream increased ARPU for new subscribers by 13.8% to $984.
  3. Reported a net loss of $2.388M compared to a net loss of $130,934 in 2Q06.

Reported quarterly revenue were $1,632,061, that equals $544k per month in revenue, of which $669 is the average per user. So that means there are 813 customers.

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