Doesnt matter if previous revenues were zero. Increase in projections is good regardless. Shows they are confident in their revenues. I will take them earning $1-2M in what I view their first year of being revenue positive as a really good sign.
Take that with all the other products they are coming out with and departments they are set to launch next year and we have potential 8 figure revenues in their first year of generating revenue! That's pretty darn good in my book. Just wish I didn't have to wait five years to get here but better late than never I suppose.
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