A double in 5 years with the potential for more

Earnings Update

In 5 years, if all goes well, you should be looking at a very different business with the potential for revenues of $35 to $50 M and EBITDA of $15 to $20M.

That’s like Tom Cruise trying to woo Renée Zellweger when she stopped him and said, “You had me at hello.”

If you’ve never seen Jerry Maguire before, I won’t hold it against you if you stop reading and watch that movie. You have my blessing.

For context, this business generated $ 7 million in revenue in its last fiscal year.

The analysis below is based on the latest earnings report and a one-on-one meeting I had with the CEO.

Long-time readers know which company I’m talking about.

Let’s dive in⬇️