At a minimum 15% compound ACV increase per quarter (which was slower growth that what 3DP achieved in the 6 months prior - to 29 Jan 2021), then organic growth takes us to $13.8m USD by this time next year.
This growth is purely from existing customers spending more - and from new customers that are not considered material.
And these new customers are coming from a much broader range of industries - which increases the TAM for 3DP.
Then throw in the Airovant acquisition ACV amount of approximately $1.4m USD.
And then throw in the Eversource ACV (potentially a further ACV of $1.8m USD).
And then throw in some other material contract wins - when (not if) they come.
The 3DP ACV totals going forward then start to look pretty healthy.
And then finally throw "into the mix" the fact that 3DP has:
Very impressive management.
Strong IP protection.
It is building awesome sales & platform development teams.
It is already cash flow positive.
It has huge gross profit margins.
It's marketplace product (3DInsight.ai) is very close to revenue generating, and management are very bullish on how big this can be for 3DP.
And it currently has low fixed overheads of less than $6.0m per year.
All of that sounds like a pretty good recipe for a great / profitable / large market cap company to me
