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    Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?

    Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?

    FromSaaS Interviews with CEOs, Startups, Founders

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    Miami Based Fintech did $70m in 2023 Revenue - What about Gross Margin?

    FromSaaS Interviews with CEOs, Startups, Founders

    ratings:
    Length:
    33 minutes
    Released:
    Mar 19, 2024
    Format:
    Podcast episode

    Description

    CEO Alex Shvarts shared a default rate of 15%, charge off rate of 6.8%, along with significant expenses related to acquisition costs, and interest expenses. The firm is targeting $300m in capital deployed in 2024. If it hits its target, does this FinTech SMB factoring company have enough margin to survive long term?
    Released:
    Mar 19, 2024
    Format:
    Podcast episode

    Titles in the series (100)

    Over 10M founders, CEO's, and investors have downloaded this 15 minute daily podcast from Nathan Latka. Each day Latka interviews a software (SaaS) CEO and gets them to share how they've grown (or not) so fast all backed by hard data points. To date, over 1000 CEO's have been interviewed that together do over $6b in revenue, have raised over $5b, and employ more than 180,000 employees. The magazine for CEO's: http://nathanlatka.com/magazine The Book for CEO's: http://nathanlatka.com/bookamazon