Fool contributor Trevor Jennewine outlines several factors why DigitalOcean (NYSE:DOCN) will be appealing to investors in 2022. In terms of financial performance, the company is growing pretty quickly. A big market opportunity is ahead for the company. In the most recent quarter revenue was up 37%, $111 million. The average customer retention rate of 116% was actually up from 104% in the previous year so that’s trending upward. That number of small and medium-sized businesses are more likely to go out out of business than a larger business. The company’s AR revenue per head, AR revenue and ARPU per head are trending upward, so have you have you an ARPU of $1,000 per head. The number of customers is up . . .
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