|
Textura Corporation |
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|
Operating Metrics (unaudited) |
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|
(dollars in thousands and where otherwise indicated) |
|||||||
|
Three Months Ended |
Twelve Months Ended |
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|
December 31, |
December 31, |
||||||
|
2015 |
2014 |
2015 |
2014 |
||||
|
Activity-driven revenue |
$ 19,472 |
$ 14,233 |
$ 70,022 |
$ 49,393 |
|||
|
Organization-driven revenue |
4,260 |
3,629 |
16,707 |
13,575 |
|||
|
Total revenue |
$ 23,732 |
$ 17,862 |
$ 86,729 |
$ 62,968 |
|||
|
Activity-driven revenue: |
|||||||
|
Number of projects added |
2,175 |
1,625 |
8,451 |
6,858 |
|||
|
Client-reported construction value added (billions) |
$ 24.5 |
$ 16.8 |
$ 100.0 |
$ 72.2 |
|||
|
Active projects during period |
10,358 |
8,450 |
15,152 |
12,521 |
|||
|
Organization-driven revenue: |
|||||||
|
Number of organizations |
20,884 |
17,476 |
24,669 |
19,456 |
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The following tables provide our calculations to arrive at Bookings:
|
Three Months Ended
|
Twelve Months Ended
|
||
|
(in thousands) |
|||
|
Deferred revenue, beginning of period |
$ 45,102 |
$ 35,583 |
|
|
Deferred revenue, end of period |
43,813 |
43,813 |
|
|
Net change |
(1,289) |
8,230 |
|
|
Revenue recognized during the period |
23,732 |
86,729 |
|
|
Billings |
22,443 |
94,959 |
|
|
Contractual backlog, end of period |
4,043 |
4,043 |
|
|
Bookings |
$ 26,486 |
$ 99,002 |
|
