ONWARD AND UPWARD - Going Public S1 EP10

TL;DR

Hammitt celebrates surpassing their sales goal, Trebel focuses on global expansion, NGT Academy showcases their EdTech innovation, and Proven reports significant revenue growth in 2021.

Transcript

• Today, on Going Public. This is it. (upbeat music) You guys ready to party? - For the final time, our four companies are giving you the viewer one last opportunity to see them in action. And if you're interested, you can click to invest right here. On today's episode, Hammitt officially reveals their 2021 sales, but did they hit their goal? - We ... Read More

Key Insights

• ❓ Hammitt's sales success demonstrates the effectiveness of their strategies and the loyalty of their customers.
• 😀 Trebel's global expansion plans indicate their ambition to become a leading music app worldwide.
• 🎓 NGT Academy's innovative VR and AR platform has the potential to revolutionize education and training.
• 🌐 Proven's significant revenue growth showcases the demand for personalized skincare and their potential for global expansion.
• 🇨🇫 The companies featured in Going Public aim to provide investment opportunities for the general public, but it is important for investors to understand the risks involved.

Questions & Answers

Q: How did Hammitt perform in 2021?

Hammitt exceeded their sales goal of $21 million and achieved sales of $32 million in 2021.

Q: What are Trebel's plans for global expansion?

Trebel aims to expand its app to multiple countries, starting with Mexico. They predict reaching 5 million users in each country by the end of 2022.

Q: What is the innovation showcased by NGT Academy?

NGT Academy offers a virtual reality and augmented reality training platform, which provides immersive learning experiences for students. It allows them to access high-end IT environments and gain practical skills without the need for expensive hardware.

Q: How did Proven perform in terms of revenue in 2021?

Proven achieved revenue growth of over 100% in 2021, reaching $22 million. They also expanded into Canada, which now accounts for 5-10% of their revenue.

Summary & Key Takeaways

• Hammitt achieved sales of $32 million in 2021, surpassing their goal of $21 million.

• Trebel plans to expand their app globally, starting with Mexico, and aims to reach 5 million users in each country.

• NGT Academy showcases their virtual reality and augmented reality training platform, which provides immersive learning experiences for students.

• Proven reports revenue growth of over 100% in 2021, reaching $22 million, and plans to expand internationally.