Patrick Goepel: Yeah. So Vince, first of all, always a pleasure to talk to you. Our acquisition revenue is about $250,000 in the fourth quarter. So we had done a small deal in January. And the fourth quarter, that was about the contribution of revenue. So really, everything else was organic. And then as far as float, I don’t think we broke out that small acquisition on float, but it’s safe to say all but, let’s say, 1% was organic revenue growth, and we’re very pleased with that.
Vincent Colicchio: And the marketplace, what type of contribution can we expect in ’23? Is it a meaningful number?
Patrick Goepel: I think it will be an accelerating number over time. If you think about it in the fourth quarter, Equifax was the primary vehicle in the marketplace. Recently, we announced H&R Block, and we announced the Intuit. We also announced a ZayZoon. I think you’ll see more announcements to come. We haven’t broken out marketplace revenue and simply put, relatively new product line or business for us. We look at the Equifax deal, and we thought we executed that well, but we went from start to finish on beginning revenue for about six months. So we’ll continue and kind of, in 2023, I think you’ll see more announcements around the marketplace. And then you’ll see more refined guidance that as these revenue streams become more and more predictable. But make no mistake about it, we anticipate some big things multiyear over the marketplace.
Vincent Colicchio: And one more for me. The acquisition environment, any improvement in pricing?
Patrick Goepel: For us, Vince, I think it’s interesting. We’ve been really working on the model, and the team has done a really nice job of whether it’s technology, whether it’s operations, sales and marketing, finance and administration, everybody’s got more efficient. Our objective was to pop out the model, get over $100 million, build a national business get kind of 20% by 2024, margins and then continue to grow. What we’ll do is that first half of this year as we pop out the model, we’ve already had some conversations for the second half of 2023. And we anticipate we’ll add to the model because now we can add to it in a way where when we were building a business, it was all about size. Now it’s all about scale. And we feel like we — as evidenced by our 2021 acquisitions, what we can do is add those acquisitions with scale and profitability for Asure.
So we’re through the fixed — high fixed cost nature of the business. We’re starting to get into really good organic growth. really good line of sight to profitability, and then we’ll do more and more acquisitions in the model. So I think we’ll start to accelerate. But right now, we’re joining — really enjoying the organic nature of popping out the model.
Vincent Colicchio: Thanks, Pat.
Patrick Goepel: Thank you, Vince.
Operator: And thank you. And I’m showing no further questions. I would now like to turn the call back over to Pat for closing remarks.
Patrick Goepel: Yeah. Really excited about the business. I think hats off to the employees of Asure, you perform your jobs in a wonderful way. You’re committed, really appreciate each and every one of you. Some of our investors that have been with us a long time. I appreciate you hanging in there with us, and we had a dream and a vision, and we’re starting to execute on that and it’s good to see that you’re being rewarded. From a client perspective, we have great clients and they stay with us a long time, and it’s fun to grow with them and it’s fun to give them enhancements that will continue that growth for years to come. So the best days of Asure are ahead of us and really excited about the progress. Thank you for your time joining on the call or the web and look forward to talking to you soon.
We are going to be at several conferences here in the first quarter, second quarter hopefully, we can catch you along the way at one of those conferences, and have a great day. Thank you.
Operator: This concludes today’s conference call. Thank you for participating. You may now disconnect.
