Its maths......
Sales $100m following year $200m (100% Growth)
Sales $200m following year $300m (50% Growth)
Sales $300m following year $400m (25% Growth)
But in three years growth has been (400%)
Straight line growth year on year is very difficult as the numbers get bigger. Doesn't mean the Company isn't growing in a healthy way.
Why is SM1 share price going down after it releases conference presentation?, page-2
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