What is MRR?
MRR stands for Monthly Recurring Revenue. This stat is the amount of money generated by subscriptions.
(Total Active Subscribers) x (Price of Subscription) = Total Monthly Recurring Revenue
If you have 100 subscribers paying $97/mo., your MRR would be $9,700/mo.
What It Means:
MRR is essentially the foundation of revenue that you've built and can depend on coming in every month, minus expected churn and failed payments.
What to Change:
Your MRR is never high enough. Always grow your MRR :)
As always, never hesitate to reach out with questions big or small. We're always here to help. Email us at Support@Spiffy.co.