Hi 5th Horseman,
Thanks for posting. I look at sequential growth as well and like how you formatted the numbers.
Visualizing Q2’s $150.8M increase in addition to Q1’s $82.5M increase helps me to navigate the lumpiness in quarters: Q2’s 469% and Q4’s $238M increase.
I agree with Alphalite and am interested in the backlog. Ordered my wife a bike last month, set to arrive Dec 11th. I wonder how many people are hoping for deliveries before Christmas.
Digital subscriptions grew 61% from 316,800 to 510,000 in one quarter. 194,000 new members of recurring revenue without hardware. Some of these may be waiting on new bikes.
Thanks
JT