Circ

circ

What is Circ?

At Circ, we’ve created a technology system that returns clothes to the raw materials from which they were made. We’ve discovered a path to erase our global fashion footprint. But there’s no way we can do it alone. We make the technology to (re)source nature’s raw ingredients. Meet our team and our partners.

How many customers and customers does Circ have?

The company says it has enabled approximately 10 million rides to date and has 3 million registered customers. It operates in more than 40 cities across 14 European countries, in addition to United Arab Emirates. I’m also told that this year Circ has seen “positive unit economics” in cities in about one-third of its countries (five out of 14).

Is Circ’s unit economics profitable?

I’m also told that this year Circ has seen “positive unit economics” in cities in about one-third of its countries (five out of 14). “In 2020 we expect to be unit economic profitable across the group,” a spokesperson tells TechCrunch.

What is circumstar-1?

Malaysian surgeon Datuk Dr Siow Kuang Ling recently won the gold medal at the 6th annual International Invention Innovation Competition (iCAN) 2021 in Toronto, Canada for his invention Circumstar-1. It promises 1-minute circumcisions with no risk.

What is the difference between Circ and ICRCCM?

CIRC is in many respects the successor to the seminal ICRCCM (Intercomparison of Radiation Codes in Climate Models) effort that spanned the late 80s - early 00s. CIRC distinguishes itself from ICRCCM by its emphasis on using observations to build its catalog of cases.

What is the meaning of the word circa?

Definition of circa : at approximately, in approximately, or of approximately —used especially with dates born circa 1600 Examples of circa in a Sentence He was born circa 1600.

What is simplecirc and why is it better?

SimpleCirc allows for better management, insight, and control, which has improved subscription renewal rates and overall customer satisfaction. Everything a publisher could ask for; the low cost is just icing on the cake. We have been using SimpleCirc for just over a year and will never turn back!

What do we do at Circular?

We develop and promote the idea of a circular economy, and work with business, academia, policymakers, and institutions to mobilise systems solutions at scale, globally.

How many countries does Circ operate in?

It operates in more than 40 cities across 14 European countries, in addition to United Arab Emirates. I’m also told that this year Circ has seen “positive unit economics” in cities in about one-third of its countries (five out of 14). “In 2020 we expect to be unit economic profitable across the group,” a spokesperson tells TechCrunch.

What is the unit economics of a business?

If you choose to define a unit as “one customer,” then the unit economics is determined by a ratio of two different metrics: 1 Customer lifetime value (LTV): how much money a business receives from a given customer before the customer “churns” or... 2 Customer acquisition cost (CAC): the cost of attracting a client More ...

Why is it important to understand unit economics early on?

Having an understanding of unit economics early on enables you to make long term financial projections that more accurately predict your revenue trajectory. At an early stage, you need a healthy growth rate, but you also need to be profitable. Even with perfect execution, an acceleration of growth can be accompanied by a squeeze on profit margins.

How do you calculate unit economics?

Once you have your unit, calculate how much the lifetime revenue for that unit is, and divide it by your CAC to get the basic economics of that unit. It is a better practice, however, to use the predictive LTV or flexible LTV values, given above, when calculating your unit economics.

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