RE:M&AA few years ago, Doug said he would consider M&A once Spector has been fully digested and if he believed organic growth would stall.
Given we haven't seen any acquisitions (perhaps none are worthy?) is he confident that sales will continue to grow, say at 25% for 2025. In an interview earlier in the year he said he was more excited about 2025 than 2024. I'll temper any enthusiasm for 2025 having been disappointed on a few things over the past few years.