New subscriptions that have been added recently and that will, therefore, contribute to your MRR.
What is New MRR?
Basically, this KPI shows you the number of new subscriptions you are getting that will be added to your monthly revenue.
It’s a useful metric to have a more accurate insight into the short term profitability of the business because it shows data that directly affects your MRR - either positively or not. It can also bring you some learnings about your performance, if for instance, you are below the average new subscriptions you usually get per month.
Overall, it’s a common KPI for a manager to keep an eye on because, for example, it might involve changes in the marketing strategy or updated training to the sales department. No matter what your goal is, this KPI will show you how far or close your company is from achieving it on a monthly basis.
Pre-built widgets to display New MRR
How to calculate New MRR?
( Sum(New Subscription,MRR) )
How it works
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