What is Monthly Recurring Revenue (MRR)?

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The health of a subscription, SaaS, PaaS, or IaaS business is measuring by having consistent revenue. To do that, businesses rely on monthly recurring revenue (MRR).

We are going to discuss what MRR is, how it works, and how it is calculated in a subscription company. There is more to growing an MRR company than just adding new customers.

But what is MRR exactly?