We sell our cloud and on-premise solutions primarily through annual subscription contracts payable monthly with automatic renewals that adjust for inflation on the anniversary of the contract, creating with this high recurrence and predictability in our results. Our portfolio of products, customer service and business model have allowed us to achieve what we believe is high customer satisfaction.

Our net revenues from continued operations and Adjusted EBITDA have increased at a CAGR of 15% and 10.1%, respectively from 2014 to 2016. Over this same time period, the recurring portion of our revenues from continued operations remained at an average of 84%, which gives us high visibility and predictability in our business. Our Adjusted EBITDA margin was 25.1% in 2016.