One Chart Mindbody's Investors Need to Understand

Mindbody (NASDAQ: MB)finished up 2017 with many of its key metrics heading in the right direction. Revenue was up 30% and its adjusted earnings came into the positive territory up from a loss the previous year. But this cloud software company, whose platform helps wellness providers run their businesses, lost 3% of its customers year-over-year.

One chart in the company's investor overview presentation provides key insights into what's happening. Read on for the details on this chart, what's going on, and why management is actually glad it's losing some of its customers.