Setting the tone for the year

January 30, 2023

Nothing like starting the year off right! As we've been driving the point home consistently over the past few weeks, this year is all about hitting and exceeding our numbers in a year where most companies will struggle to make their projections. Thanks to everyone's efforts this month, we're going to come in at a forecasted [ ]  in revenue compared to our initial projection of [ ]. This is the first time we've actually exceeded our projected revenues in a given month in over half a year and it's been a long time coming.

The revenue came from every avenue but what tipped us over the line was the new underwriters and borrowers we've onboarded this month. Our baseline was [ ], coming from our legacy borrowers, blended notes, and data surveillance agreements. Thanks to the closing of [ ], we marked an additional [ ] in data surveillance fees and [ ] in syndication fees. On top of that, we have [ ] in fees accruing from all the new underwriters and their borrowers that are coming on deck shortly, including [ ], [ ], and [ ], while also factoring in [ ] who's already out to market with their second deal and another one forthcoming.

The motto for this year is underpromise and overdeliver. We've set the tone already with these results in January but February is a new month with a new revenue target of [ ] so let's keep pushing the pace 🏁