GTV, TTV, GMV, Take Rate, Revenue, CAGR, CMGR, COGS, Gross Margin, Burn Rate & Runway
The most relevant financial terms for startups: GTV, TTV, GMV, Take Rate, Revenue, CAGR, CMGR, COGS, Gross Margin, Burn Rate & Runway.
alejandro-gonzalezredwood-ventures

What are GTV, TTV, GMV, Take Rate, Revenue, CAGR, CMGR, COGS, Gross Margin, Burn Rate & Runway, and how do you calculate them?
- GTV (Gross Transaction Value): is the amount transacted through a platform.
- TTV (Total Transacted Value): is the total value of all transactions on a platform.
- GMV (Gross Merchandise Value): is the total value of products sold on a marketplace.
In conclusion, we could say that GTV, TTV and GMV refer to the same thing: the total economic value transacted through a platform.
- Take Rate: The percentage commission retained by the platform or marketplace.
- Revenue: is the income a company generates, and it is classified as revenue once the company has the right to collect it.
- CAGR (Compound Annual Growth Rate): is the average year-over-year growth rate of a company's revenue.
- CMGR (Compound Monthly Growth Rate): is the average rate at which a company grows month over month.
- COGS (Cost of Goods Sold): is the cost of the goods that were sold.
- Gross Margin: is the gross profit remaining after subtracting COGS from revenue.
- Burn rate: is the amount of money a company spends on its monthly expenses.
- Runway: is the length of time a company can operate before running out of cash to continue its operations. To calculate it, divide the cash on hand by the burn rate.


