SMAR

Bert has posted a favorable review of SMAR on Seeking Alpha:
https://seekingalpha.com/article/4313816-smartsheet-being-sm…

What is the DBE ratio?

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Bert has posted a favorable review of SMAR on Seeking Alpha but what is the DBE ratio?

Hi red,

Bert must have been referring to the Dollar Based Net Retention Rate, which was 134%. I don’t know either where the E in DBE came from.

Saul

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I think it’s just another way of saying the same thing,

I believe it stands for “Dollar Based Expansion Rate”

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You are correct.

From his own words when replying to a post on ESTC:

“I use DBE as an acronym for Dollar based net expansion rate, i.e. the rate that the installed base is buying additional revenue. So, if the base was spending $100 million with a vendor at the start of a 12 month cycle, but finished the cycle with a contract spend of $120 million, the DBE is 120. In the case of Elastic, the DBE is in excess of 130.”

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