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▲ Manuel_D 2 hours ago

This wasn't hidden in the footnotes of the S1. It was quite clearly explained on page 3, under "Select Defined Terms": https://www.sec.gov/Archives/edgar/data/2130357/000162828026...

> “Run-Rate Revenue” is an operating metric that refers to the estimated annualized value of our revenue-generating activity as of a measurement date, calculated as the sum of (i) our consumption-based fees during the trailing 28-day period ended on the measurement date, multiplied by 13, and (ii) our aggregate monthly subscription fees as of the measurement date, multiplied by 12. For purposes of calculating Run-Rate Revenue, consumption-based fees and subscription-based fees are derived from customer usage and active subscriptions.

▲what 9 minutes ago | parent [-]

> annualized revenue

> trailing 28 days multiplied by 13

I’m not aware of a year that has 13 months of 28 days? Why would you ever calculate it this way?

▲lgfrbcsgo 2 minutes ago | parent | next [-]

The year has 52 weeks. 28 days is 4 weeks. 13*4=52

▲adgjlsfhk1 6 minutes ago | parent | prev [-]

28*13=364. Months are different sizes so month*12 would be an over-estimate

▲what 4 minutes ago | parent [-]

Don’t be stupid. They don’t use the same calculation for subscriptions, there they do 12 months. Only for consumption spending they come up with 13 months of 28 days.