Since 2017 have CAGR at 17.68, with 2 flat years over COVID. I’d back them given how well they know the market to be able to grow revenue by 25%/year over next 2 yrs. Especially as have basically done so past 2yrs.
Going into a downturn (maybe) people will be looking to save money, use things for longer, not buy new. On top of this they can license the technology.
Not sure about getting debt/capital raising is counted as revenue.
Ann: Investor Presentation, page-24
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