Originally Posted by swag
Some interesting nuggets:
- They claim "Strong recurring revenues, as 92% of Points.com's revenues were recurring". Not sure what this means, except that I'd guess that a large part of the revenues are coming from the travel companies and not consumers.
:
They may mean annual membership fees, as this is about the only part of their business model they could reasonably call recurring? Great find by the way, thanks for posting it.