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Strategies & Market Trends : smallcap risk reward potential

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From: ACAN	10/24/2018 9:55:17 AM
	of 2007

TEUM Pareteum Achieves $500 Million in 36-Month Contractual Revenue Backlog This milestone for Pareteum represents a 1,150% increase year over year since 2016: at year end 2016, Pareteum announced $40 million 36MCRB; at year end 2017, the company announced $147 million; and now, ten months into this year, Pareteum has reached $500 million in 36MCRB. During the same period, Pareteum's quarterly booked revenue increased by 260%. The company continues to convert backlog at greater than 100% of the contract schedules over the life of the agreement.

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