[{"0":"","1":"Self-Serve SaaS","2":"Serviced SaaS","3":"CGES Index","4":"","5":"","6":"","7":"","8":"","9":"","10":"","11":"","12":"","13":"title 1","14":"title 2 ","15":"title 3","16":"Subtitle"},{"0":"2023","1":"110%","2":"118%","3":"114%","4":"","5":"","6":"","7":"","8":"","9":"","10":"","11":"","12":"","13":"Typically globally leading Enterprise SaaS companies expand their revenues from existing companies ~10-20% Y-o-Y. ","14":"We believe this is a very critical metric to ascertain the anti-fragility of Enterprise SaaS businesses as it measures their growth endurance. ","15":"","16":"Revenue growth from existing customers - a measure of “Growth Endurance”."}]
[{"0":"","1":"Self-Serve SaaS","2":"Serviced SaaS","3":"CGES Index","4":"","5":"","6":"","7":"","8":"","9":"","10":"","11":"","12":"","13":"title 1","14":"title 2","15":"title 3","16":"Subtitle"},{"0":"2023","1":"5.76","2":"15.17","3":"11.18","4":"","5":"","6":"","7":"","8":"","9":"","10":"","11":"","12":"","13":"Due to its 'serviced' nature the Serviced-SaaS models has a much higher revenue visibility compared to Self-SaaS' revenue visibility","14":"This is again a very critical metric for measuring anti-fragility as it measures innate sustainbility of the business model.","15":" ","16":"Basis outstanding signed contracts - measures “Innate Sustainability”."}]
[{"0":"","1":"Self-Serve SaaS","2":"Serviced SaaS","3":"CGES Index","4":"","5":"","6":"","7":"","8":"","9":"","10":"","11":"","12":"","13":"title 1","14":"title 2","15":"title 3","16":"Subtitle"},{"0":"2023","1":"1.14","2":"1.20","3":"1.18","4":"","5":"","6":"","7":"","8":"","9":"","10":"","11":"","12":"","13":"The Sales Efficiency Ratio (SER) denotes the dollar revenue generated per dollar of sales & marketing spend. ","14":"The difference in the SER for the two model is intuitive and reaffirms the high capital-efficiency of Serviced & Vertical SaaS models.","15":"","16":"Revenue generated for every dollar spent on sales & marketing."}]
[{"0":"","1":"Self-Serve SaaS","2":"Serviced SaaS","3":"CGES Index","4":"","5":"","6":"","7":"","8":"","9":"","10":"","11":"","12":"","13":"title 1","14":"title 2","15":"title 3","16":"SubTitle"},{"0":"2023","1":"0.74","2":"0.72","3":"0.74","4":"","5":"","6":"","7":"","8":"","9":"","10":"","11":"","12":"","13":"For every dollar earned in revenue the Enterprise SaaS companies should spend <$1 to deliver that revenue.","14":"This metric further refines a measure of anti-fragility as it often is the best indicator of profitability.","15":" ","16":"A measure of “Profitability”."}]
[{"0":"","1":"2022","2":"2023","3":"","4":"","5":"","6":"","7":"","8":"","9":"","10":"","11":"","12":"","13":"title 1","14":"title 2","15":"title 3","16":"Subtitle"},{"0":"Self-Serve SaaS","1":"22025","2":"21560","3":"","4":"","5":"","6":"","7":"","8":"","9":"","10":"","11":"","12":"","13":"There is a significant difference in the ARPA of Self-Serve SaaS companies via-a-vis Serviced SaaS companies.","14":"Naturally Serviced SaaS companies take longer to sell their products and platforms but definitely tend to have higher contract values.","15":"","16":"Average Revenue per Account - an indicator of the “Impact-Scale” of the product."},{"0":"Serviced SaaS","1":"879069","2":"967794","3":null,"4":null,"5":null,"6":null,"7":null,"8":null,"9":null,"10":null,"11":null,"12":null,"13":null,"14":null,"15":null,"16":null},{"0":"CGES Index","1":"506442","2":"517206","3":null,"4":null,"5":null,"6":null,"7":null,"8":null,"9":null,"10":null,"11":null,"12":null,"13":null,"14":null,"15":null,"16":null}]
[{"0":"","1":"2019","2":"2020","3":"2021","4":"2022","5":"2023","6":"","7":"","8":"","9":"","10":"","11":"","12":"","13":"title 1","14":"title 2","15":"title 3","16":"SubTitle"},{"0":"Self-Serve SaaS","1":"49.13%","2":"47.28%","3":"81.27%","4":"24.13%","5":"19.20%","6":"","7":"","8":"","9":"","10":"","11":"","12":"","13":"The ARR growth captures the Year-on-Year growth and helps call out exceptional years such as 2020-21 which was a reaction of Covid-19. ","14":"Understandbly self-serve business models scale much faster than the serviced SaaS models given high adoption rates. ","15":" ","16":"Measure of absolute growth in Annualized Recurring Revenue."},{"0":"Serviced SaaS","1":"35.05%","2":"23.28%","3":"47.43%","4":"18.84%","5":"10.97%","6":null,"7":null,"8":null,"9":null,"10":null,"11":null,"12":null,"13":null,"14":null,"15":null,"16":null},{"0":"CGES Index","1":"37.92%","2":"28.58%","3":"55.99%","4":"20.38%","5":"13.46%","6":null,"7":null,"8":null,"9":null,"10":null,"11":null,"12":null,"13":null,"14":null,"15":null,"16":null}]
[{"0":"","1":"2019","2":"2020","3":"2021","4":"2022","5":"2023","6":"","7":"","8":"","9":"","10":"","11":"","12":"","13":"title 1","14":"title 2","15":"title 3","16":"SubTitle"},{"0":"Self-Serve SaaS","1":"15.35","2":"25.59","3":"28.55","4":"9.39","5":"12.63","6":"","7":"","8":"","9":"","10":"","11":"","12":"","13":"The average EV/ARR multiple has stablized to pre-covid levels, given the corrections we have seen over the last few years.","14":"Historically we notice the EV/ARR multiple for Serviced SaaS companies is typically lower than Self-Serve SaaS companies by ~15-20%, again drive by scale capabilities. Interestingly, Services SaaS companies have always seen a lower swing in the multiples. ","15":"","16":"Valuation Multiple - Enterprise Valuation as a multiple of the ARR."},{"0":"Serviced SaaS","1":"12.98","2":"26.87","3":"21.76","4":"8.18","5":"11.93","6":null,"7":null,"8":null,"9":null,"10":null,"11":null,"12":null,"13":null,"14":null,"15":null,"16":null},{"0":"CGES Index","1":"13.94","2":"26.38","3":"24.7","4":"8.7","5":"12.38","6":null,"7":null,"8":null,"9":null,"10":null,"11":null,"12":null,"13":null,"14":null,"15":null,"16":null}]
CGES Index has consistently outperformed all major benchmark indices like NASDAQ and SaaS focused indices like EMCLOUD.
CGES Index has managed to recovery sharply compared to the other indices primarily due to its inherent antifragility and inately sustainable business models of its constituent companies.