The Revenue Formation Narrative outlines how a company plans to make money, which is crucial for investors, stakeholders, and the management team to understand. This narrative should detail the primary sources of revenue, such as sales of products or services, subscriptions, licensing fees, or advertising. It should also explain the pricing strategy, sales channels, and target markets. Additionally, this narrative might include plans for scaling up revenue streams, exploring new market opportunities, and adapting to market changes. A well-articulated Revenue Formation Narrative helps in demonstrating the business's potential for profitability and long-term financial sustainability.
Learning Materials
Revenue Formation Narrative
PrometAI's revenue is primarily generated through our AI-driven financial analysis and planning platform, offered to customers under a tiered subscription model. Our revenue streams are as follows:
Subscription Fees: Our core revenue comes from subscription fees for our platform, with different tiers catering to various needs—from individual financial advisors to large corporations.
Custom Solutions and Consulting: We also generate revenue by providing bespoke AI solutions and consulting services to larger clients who require customized financial analysis tools.
Partnerships and Collaborations: Revenue is also sourced from strategic partnerships, where we collaborate with other companies and integrate our technology into their platforms.
Future Expansion: Looking ahead, we plan to introduce additional services such as market analysis reports and educational content, creating new revenue streams.
Our pricing strategy is based on delivering value to our customers, ensuring affordability for smaller clients while offering advanced features and comprehensive solutions for larger organizations. We continuously explore new market opportunities to expand our customer base and adapt our offerings to changing market demands, ensuring a steady growth in our revenue streams.