I understand that the multiple of revenue may lead people to...

I understand that the multiple of revenue may lead people to believe it is overbought. Many share that view but I do not.

If the global revenue doubles in the next 2-3 years (likely) then the multiple of revenue relative to today's share price will only be 6 * revenue.

At that point todays share price seems reasonable if not under valued. You're looking at a business that has 80-90% in gross margin. Nearly every dollar they spend is either growth (sales and marketing) or development related.

They could very easily pull the hand brake up on those expenses and turn a substantial profit. Similarly they could feasibly hike prices by up to 50% without most of the customer base blinking.

With both those considered growth of over $80 million AAR in the forthcoming results should catapult the share price further with or without covid.