Bruce Buchanan
๐ค SpeakerAppearances Over Time
Podcast Appearances
So we finished the year before without any COVID impacts and we finished right just above $100 million.
So what was interesting was our investors...
Despite the COVID impact, they could see that the business was growing in an underlying basis really fast.
And so the valuation lifted, I think about 65% over about nine months.
And that wasn't because our actual results were lifting that way.
They could just see the underlying business getting stronger and stronger and stronger.
So actual revenue remained pretty flat.
I mean, it looks flat, but actually it wasn't flat really.
It was like a rollercoaster.
March, April, we got smashed when COVID started.
And our revenue tanked 65%.
And then we came back with this, you know, retail and all these other businesses really were growing fast.
And so we finished the year really strong.
But if you look at the annual results year on year, it looks relatively flat.
But it was more like a roller coaster in the middle.
Yeah.
I mean, our underlying business is still growing strong.
So we still did about 35, 40% growth in 2020 and underlying basis.
You know, if you take out the COVID impacts and this year we'll do the same, you know, we'll go from that one
140, 130, late 130, 140 million to about 200 million on an underlying basis.