Their primary revenue is largely based on the "maximum number of courtesy vehicles managed online in any given month".
Of course, during peak-COVID there would be temporarily less demand for subscriptions due to lockdown and shelter-at-home orders affecting customers. But looking forward to 12 months from now, I see it as unlikely there will be similar overarching headwinds affecting Connexion's customers, so it's fairly safe to assume that the "maximum number of courtesy vehicles managed online in any given month" will be higher 12 months from now, therefore increased revenue/profit.
This isn't even considering the fact they've been able to grow their average revenue per user too.![]()
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