CadenceCombat profile picture
CadenceCombat profile picture

CadenceCombat

Account Executive

Tycoon
Arsonist
Politicker
+12

Profitability

Just curious. Bonus points for including the burn rate your company is operating on, if applicable, in the comments.

Is your company profitable right now?

Attached poll
*Voting in this poll no longer yields commission.
🤷‍♂ Poll
15

29 comments

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saaskicker
Celebrated Contributor
5
Enterprise AE
.
poweredbycaffeine
WR Lieutenant
4
☕️
For the person that said yes, are you sure about that? Revenue positive ≠ profitable
BTQ
Politicker
2
Account Manager
You sure about that?
poweredbycaffeine
WR Lieutenant
1
☕️
Are you questioning my statement or is that the reaction you’d have to someone saying that?
BTQ
Politicker
4
Account Manager
Reaction I’d have to someone saying that

Probably should have posted on its own
poweredbycaffeine
WR Lieutenant
3
☕️
I was about to get my professor collared shirt on…
antiASKHOLE
Tycoon
2
Bravado's Resident Asshole
I said yes. Just because they announced during the last QBR with our corporate, that we have been profitable for the last 12 months running and gaining on that. Which makes no fucking sense why my role is being eliminated....

and that was on Monday
CadenceCombat
Tycoon
2
Account Executive
Gah, sorry to hear this.
coletrain
Politicker
2
Account Executive
That sucks, sorry friend
poweredbycaffeine
WR Lieutenant
3
☕️
Jesus. Sounds like the time our CFO said we had $100M cash in the bank and would hold for 3 years run rate…and laid us off a month later.
Pachacuti
Politicker
3
They call me Daddy, Sales Daddy
I honestly have no idea. I’m in a private company, lots of foreign investors, lots of overseas R&D and sales activity. I certainly hope we are 😉😉
CadenceCombat
Tycoon
1
Account Executive
I doubt it based on your description.
Pachacuti
Politicker
0
They call me Daddy, Sales Daddy
🤷🏻‍♂️🤷🏻‍♂️🤷🏻‍♂️
CuriousFox
WR Officer
3
🦊
Yes but I'm in a weird spot
Maximas
Tycoon
2
Senior Sales Executive
Hell yeah,they even raised prices😅
pirate
Big Shot
2
🦜☠️ Account Executive
I say no because we have missed our overall targets in last two quarters by a lot. And I mean a lot. And maybe we are just over profitable line but still.
Diablo
Politicker
1
Sr. AE
Hopefully soon 😜
CPTAmerica
Opinionated
1
President/CRO
I would guess most aren't going to really know the answer
CadenceCombat
Tycoon
0
Account Executive
Which is unfortunate. Everyone should know.
Sunbunny31
Politicker
1
Sr Sales Executive 🐰
Your companies should be having quarterly all hands where the CFO reviews the numbers. If they don’t, it’s not a great sign.
CadenceCombat
Tycoon
1
Account Executive
Agreed
Space_Ghost20
Valued Contributor
1
Account Executive
I'm in the fintech space. ~20 year old company. Plan is to be profitable by end of 2025. Haven't paid too much attention to most of the details because I never planned on being here 6 weeks, let alone almost 6 months. I think the plan is to go public. Whatever.
Revenue_Rambo
Politicker
1
Director, Revenue Enablement
I have yet to work for a SaaS company that is profitable. Hell, the last one was over the moon for getting to cash flow break even.
CadenceCombat
Tycoon
0
Account Executive
Yep.
ZVRK
Politicker
1
Enterprise Account Executive
Woah, 50% work for non-profitable companies? Am I wrong to be surprised though?
CadenceCombat
Tycoon
0
Account Executive
You are wrong to be surprised. I would be surprised if it wasn’t quite a bit more than 50%.
FinanceEngineer
Politicker
1
Sr Director, sales and partnerships
I think we have a year or 9 months of cash, but we are getting and keeping paying customers. So there is that.
Full_Send
Opinionated
1
Mid Market AE
Not even close.

We raised at a 400m valuation (I think) with less than 200k in ARR.
sora
Opinionated
1
RevOps Automation Consultant
I even think my company is primarily still run by one founder with almost no huge outside investors with almost a 1B in revenue

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