AXON

Thesis:
AXON has double moat:
1. B2G – selling to police forces – very hard to compete.
2. Amazing cross sell – Taser guns -> Body Cams -> Evidence.com Software.
AXON is Founder led. Founder and CEO Patrick W. Smith has a 3.38% equity steak worth approx $1B.
KPI’s to follow:
* Revenue growth should be around 30%. Earnings growth > Rev. Growth.