The MRR (Monthly Recurring Revenue) Report helps you understand the predictable income your business generates each month from subscriptions.
Step 1: Find the Report
- Go to the Home screen.
- Click on Reports in the menu.
- Select MRR Report.
At the top, you will see three main numbers:
- Total MRR: The total predictable revenue you expect to earn this month from all active subscriptions.
- Total Players: The number of unique students or clients currently on a subscription plan.
- Total Subscriptions: The total number of active plans (some students may have more than one plan).
The table provides a breakdown for each client:
- Name: The student or client’s name.
- Subscription: The specific plan they are on and the dates the current cycle covers.
- Amount: The total price they paid for their current plan.
- Per Day: A helpful breakdown showing how much that subscription earns the business every day (e.g., ₹3 or ₹52).
- MRR: The normalized monthly value of that specific subscription.
How is MRR Calculated?
Monthly Recurring Revenue (MRR) is the predictable income your business earns every month.
The Standard 2-Step Formula
Step 1: Find the Daily Rate
First, we find out how much a subscription is worth for a single day.
Daily Rate = (Total Plan Amount) ÷ (Total Days in Plan Period)}
Step 2: Calculate the MRR
Next, we multiply that daily rate by the number of days in the month to get the monthly value.
MRR = Daily Rate × 30 (or 31) Days
A Real-Life Example
If a student buys a plan for ₹4,000 that lasts for 28 days:
- Daily Rate: ₹4,000 ÷ 28 days = ₹142.85 per day
- MRR (for a 31-day month): ₹142.85 × 31 days = ₹4,428.35
The report will show ₹4,429 as the MRR for this student.
What is NOT included in MRR?
- Late Fees: One-time charges are not recurring.
- Taxes (GST): MRR focuses on the base service value.
- Discounts: The calculation uses the final price after the discount was applied.