Yes because they have almost quadrupled revenue from the previous FY. They are currently running on approximately $1mil per annum revenue. if you can keep quadrupling revenue to 4mil in 1 year, 16mil in 2 years, 64mil in 3 years or 256mil in 4 years. given it operates on a 90% margin . it is not difficult to support the current market valuation under a fraction of this scenario.
