Net yearly recurring revenue refers to the yearly value of newly acquired accounts to your sales system and yearly added value to current accounts, minus the value lost from closed or reduced accounts. [1]
Net ARR is increasing on an absolute basis quarter over quarter). A flat Net ARR quarter over quarter (QoQ) implies a company is growing linearly; a growing Net ARR QoQ implies a company is growing exponentially. [2]
[1] Klipfolio.com. Retrieved May 21, 2021, from https://www.klipfolio.com/resources/kpi-examples/saas-metrics/net-monthly-recurring-revenue
[2] Retrieved May 21, 2021, from https://medium.com/signalfire-fund/top-5-metrics-vcs-look-at-for-series-a-b-c-c6a0171fd200