RE:Worse than I thought Cooper’s financial estimates show a company well positioned to continue growing, as he projects VIBE to reach $36.6 million in revenue for 2021, a projected 51.2 per cent year-over-year increase from 2020, before jumping up to a projected $55.4 million in 2022 for a projected 51.3 per cent year-over-year increase.
After reporting a 10.7 per cent margin in 2020, Cooper projects VIBE’s adjusted EBITDA to climb over the next two years on account of scale relating to vertical integration, projecting $6.1 million and a 16.7 per cent margin for 2021 before jumping up to a projected $17.3 million and a 31.2 per cent margin in 2022.