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| Metric | 2023 | 2024 (estimated) | |--------|------|-------------------| | | $85 M | $102 M | | Revenue from “Exclusive” Tier | $18 M (21 % of total) | $25 M (24 % of total) | | Operating Margin | 30 % | 32 % | | Average Revenue per User (ARPU) | $70 | $78 | | Growth Rate | 12 % YoY | 15 % YoY (projected) |

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