I try to keep as good a record as I can of bank launches and used to have close to the exact amount of launches as were reported during the quarterly reports. 445 launches were reported as of the end of last Q and I only have 401 presently. Since 445 is as of March 31, we are presently probably up to 470 or so I would venture to say. Not sure what's going on with Intuit as we have an arrangement with them but so does Vertifi so I haven't been including IFS apps in the count since I don't know which are ours or theirs.
What I've found is that for security purposes a lot of banks and CUs offer iPhone and Android apps but they are special downloads directly from the bank websites and are not directly listed in the GP store and iTunes store. So there are many launches that are unknown or unpublicized but are occurring none-the-less. I'll still try to do my best to inform of launches but I think my figures will always be a bit lower than are actually occurring.
Mitek had 5 reorders this quarter and 4 reorders in the previous one. With so many banks going live and at the rate customers using MCD we could get double digit reorders in the next few quarters if not the next one. One reorder is about $400k - $550k in automatic revenues. Do that math and add revs from matainance and you have $7 million per Q. This does not include MPBP.
Note: There are only 13 channel partners. 4 are large and the rest less so. Chances of 10 or more reorders in a Q is unlikely. The mix of large and small reorders in a given Q would be hard to predict.
You can figure a typical reorder amount. Too many variables. Guess you can call it an avg $ amount per reorder.