His conclusions are mere speculation, no different than any other. The one exception being possibly volume, he is everywhere pumping this, retorting to every post. It reeks of desperation, much like the PR that came today. Recycled hope. The little boy accounting types care about one thing, top line revenue. They made no profit last year, that is a fact. Two quarters of a rounding error size net income isn't profit. Maybe this year will be better, hopefully. Seven digit net income for 2024 would be what, .3% net with the often projected 300M gross rev. Less than a whisker away from failure. When this CEO says over seven digit net income he means $1,000,001, read the last few years of PR's. So the CEO states he will 2X the monthly net income this year while, while doubling revenue. He's either a fool, dishonest, or he's found his Superman cape lost at the cleaners.
Ask yourself where the funds for the next M&A is coming from, profits or shareholders. A sober person would tend to temper his SP expectations over the next couple years based on that.
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