Affle has a track record of multiple acquisitions in the past. Hence, I concur with your opinion that sales growth of 55% CAGR is not feasible. The management also does not guide for the same.
The EBIT margins are a different topic an 20%+ margins is what the company guides for. The focus on turning around the acquired companies and in my view a strategy does exist which they plan to execute over next couple of years.
Disc: Holding the stock and view can be biased.
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