Movement Industries Corp (MVNT)

[chemist72]

Revenues will be ~$25M for 2020.

Acquisitions now represent approximately one-fourth of the target revenues ...

I take this to mean that their 3 current acquisitions will have a total of $25M in annual revenues which is 1/4 of their previous target of $100M in annual revenues.

They also state, "Because of these changes, the Company has more than doubled its internal revenue targets for the next five years." Not EXACTLY sure how to interpret that statement except that after 5 years their revenues will be $200M annually instead of the $100M projected initially.