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Are SaaS companies burning less? Not really

by

Sammy Abdullah

However, in green, the operating margin has improved materially in Q1 2023 to -19% on median from -30%. This has happened because while operating loss hasn’t come down, revenue for SaaS companies is up. The median publicly traded SaaS company had revenue of $135mm in Q1 2023 versus $102mm in Q1 2022.

sammy@blossomstreetventures.comhttps://blossomstreetventures.com/metrics/

Sammy Abdullah

Managing Partner & Co-Founder

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