it's just the beginning for Cirralto!, page-116

So, I just listened to the latest podcast with Mr. Floate, a few comments got me thinking.

1. currently they have about 3000 customers on board, (note: in the update they had a 50% increase of customers coming on board so I assume this 3000 reflects that increase).
2. Announcement in June, (18/0/2020) states they will cross-sell and market the spenda pay platform to existing merchant base of appstablisment and cirralto which roughly is about 20,000 businesses.
3. in the same announcement they have a case study: 10 businesses- sales total in 1 month 1.4 million and CRO makes 1.5% on this = $21,000 in revenue. which is annual of $252,000. (this I believe from what I understand is a conservative figure and they state it could potentially be higher)

Let's extrapolate this to what information we have so far, 3000 businesses onboard currently, apply the case study numbers to this, = revenue of $75,600,000 a year.

Things to consider: This $76 million a year does not include expenses hence their profit will be a lower number.
Also, this is a conservative figure.
Also this is only 3000 customers, if they onboarded anything close to their existing customer base of 20,000, wow the number would be $504 million.

Am I doing this wrong?