Can i ask why you chose that particular church? It seems to be a NZ church?
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Looks like it haaaattteesss the $3 mark lol
Still not a lot of money per church when they typically have several hundred members attending weekly . The cost per attendee, per week, is tiny. As stated they're going for bigger churches to lock them in. It will means slower growth in customer numbers but a higher ARPU. Hopefully lower cost to acquire relative to revenue too.
Loving that these guys keep delivering (and exceeding ) what was promised. Up over 200% on first purchase in 2015 and 50% on last purchase just 2 months ago. Still think they're priced reasonably compared to peers. Need to find Xero market cap figures for when they hit $100M ACMR, but I think they were more than 10X ACMR.
Disclosure. Own and in for the long haul
Find a better more inspired Church ? http://www.churchunlimited.co.nz/online-giving/
Few reasons -
1. I had heard of it, as know of ppl who go to it (from facebook posts), so I searched it to see if they are on pushpay
2. They seem to organize very expensive flash conference/events and have a very flashy website, so must get loads of money from <somewhere>
3. Seem to appeal to hip generations, so appealing for smartphone gens etc
So, was genuinely surprised when there was no mention of pushpay on their very appealing, modern, flashy website.
My point is that either ARISE is not very interested in pushpay, or, no one at pushpay is chasing up clients to make sure they are advertising it as a payment method.
Sample size of one. Just an observation, that's all.
USA is the target market.
A bit of a sell off today
Profit taking....remenber sp was $1.66 last time..then recent high $3...that is almost double. People is locking a bit of profit. It will run around $2.80 ish then slowly up again. With thier brake even by possible mid or early next year...thier growth n potential are huge!