Key Operating Metrics (2) : | ||||||||||||
As of June 30, | ||||||||||||
2023 | 2022 |
%
Change | ||||||||||
Active Buyers(3) | 48,294 | 33,491 | 44 | % | ||||||||
Percentage of Revenue from Existing Accounts(3) | 96 | % | 95 | % | ||||||||
Accounts with Last Twelve-Months Spend of at Least $50,000(3) | 1,159 | 894 | 30 | % | ||||||||
Active Paying Suppliers(3) | 7,553 | 7,202 | 5 | % |
(2) These key operating metrics are for Marketplace and Supplier Services. See “Key Terms for our Key Metrics and Non-GAAP Financial Measures” below for definitions of these metrics.
(3) Amounts shown for Active Buyers, Accounts with Last Twelve-Months Spend of at Least $50,000, and Active Paying Suppliers are as of June 30, 2023 and 2022, and Percentage of Revenue from Existing Accounts is presented for the quarters ended June 30, 2023 and 2022.
Financial Guidance and Outlook: | ||||||||||||||||
Q3 2023 | FY 2023 | |||||||||||||||
(in millions) | ||||||||||||||||
Low | High | Low | High | |||||||||||||
Revenue(1) | $ | 119.0 | $ | 121.0 | $ | 464.0 | $ | 474.0 | ||||||||
Adjusted EBITDA | $ | (6.5 | ) | $ | (5.5 | ) | $ | (27.0 | ) | $ | (25.0 | ) |