Remember this: How do they get 15-20% in 2022 forecast Unlike the perma bulls on this board, hold me to what I write!
There are two scenarios where they are able to end the year with revenue growth at an overall 15-20% or more (they are not mutually exclusive).
Scenario 1 (biggest factor): They purchase revenue by acquisition, meaning, they use some of their war chest to buy a company or two which artificially increases revenue.
Scenario 2: They spend way more on sales and marketing to organically buy revenue (already in progress) which may increase revenue but will increase costs at likely a similar clip.
This company is organically DEAD. The longer time goes on the stock price will be approaching their net cash minus the discount rate (which is now very high).
What should they do? Sell the company for whatever they can get and issue a special dividend for their cash. There is very little chance they are going to be recovering.
Why? Because management cashed out and checked out long ago. Nothing has changed in this regard.