Bookings
NCMRR
Metric Name
New Contracted Monthly Recurring Revenue
Metric Family
Bookings
Metric Definition
Measures the recurring revenue added from new customer contracts signed within a specific month
Formula
New CMRR = Monthly Recurring Revenue from Each New Customer
Application
Critical for understanding the immediate impact of sales effort on revenue growth. A high new CMRR indicates strong sales and performance and potential for future revenue growth.