5/13/2021

speaker
Mark
Chief Financial Officer

all about revenue. And then that's why we talked about net revenue retention. And, you know, internally, we look at all sorts of metrics, as you can imagine. For us, it's really about accounts, users, and data, primarily users and data. That's what drives our top line. But internally, as a company, we are all aligned around growing data and growing users and so that's what we're very focused on in terms of the externally focused metrics it's really about revenue and um and the net revenue tension so that's what that's what we encourage folks to to to look at um and we think is is going to be really the most telling indicator of our business and um as we've we've talked about in the letter you know we're facing a headwind at this point um as we make this transition But we're looking at the back half of the year, and we're confident that revenue growth will start to reaccelerate in the back half of the year.

speaker
Investor Relations
Director of Investor Relations

And if I could just follow up on that last point. Given that, as you say, that there's still a transition as it relates to revenue growth over the next couple of quarters, Wouldn't it make more sense to share some of those internal data around paid users, data consumption, just for investors to see those trend lines, to see sort of the progress in terms of executing on the business model transition, understanding that revenue growth in the near term is going to continue to be under pressure?

speaker
Mark
Chief Financial Officer

Yeah, so we've given some of that data in the investor letter talking about data growth. And we talked about the data growth year over year and how that has been expanding. And I think it went from roughly 70% year over year to 80% in the low 80s over the last 12 months. And so we have given indications of how that data is growing. We also are looking and we've given some information around the low end of our business, the self-service portion of our business, and some of the growth characteristics of that business which we think are very, very interesting and good data points for folks to take a look at. We obviously want to be – we're still in this process. We haven't had customers complete a full 12 months. in the annual pool of funds in consumption billing yet. So, you know, we've got to be a little cautious with what we give out because we know how those things tend to get extrapolated things. But we have given a fair amount of information in the letter about how that's going.

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