Prediction Partly held up AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Gorni: MailUp Group will reach €60M revenue in 2020, growing over 50%

Nazareno Gorni · MailUpGroup Market Cap Is $65m, CEO Feels Undervalued · Jul 8, 2020 · at 2:55

Nazareno Gorni, CEO of MailUp Group, shares full-year revenue projections for 2020 with Nathan Latka.

0:00 / 0:08exact quote · 8.8s

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“This year, our overall revenue will be around sixty million. So six zero. So growing more than 50%.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

MailUp Group projects its overall revenue will reach approximately €60 million in 2020, representing over 50% year-over-year growth.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

The claim bundled two assertions: that MailUp Group's overall revenue in 2020 would reach approximately €60 million, and that this would represent over 50% year-over-year growth. According to Growens S.p.A.'s (formerly MailUp Group) audited FY 2020 consolidated financial statements, total revenues reached €65.2 million, satisfying and exceeding the revenue target leg. However, because FY 2019 revenue had already reached €60.8 million, the YoY growth rate in 2020 was only +7.3%, failing the >50% YoY growth assertion (which had been achieved in FY 2019 over FY 2018 at +51%, rather than in FY 2020). Because one leg succeeded and the other failed, the claim is partially true.

Growens S.p.A. (formerly MailUp Group) audited consolidated financial statements for FY 2020 reported total revenues of €65.2 million, exceeding the ~€60 million target.
FY 2019 consolidated revenue was €60.8 million, resulting in an audited FY 2020 year-over-year growth rate of +7.3%, far below the claimed >50% growth rate.

Checked against

[1] growens.io [2] engage.it [3] growens.io [4] growens.io [5] growens.io [6] growens.io [7] growens.io [8] growens.io

"MailUp" "CONSOLIDATED AND SEPARATE FINANCIAL STATEMENTS AS AT 31 DECEMBER 2020" "revenues" OR "Total revenues" "Growens" "65.2" "2020" "revenues" OR "ricavi" MailUp Group FY 2020 annual financial results revenue Growens Growens MailUp consolidated revenue 2020 2019 MailUp Group 2020 consolidated revenue financial report

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

MailUp Group

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Assertion Partly supported

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Gorni: MailUp Group will reach €60M revenue in 2020, growing over 50%

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