Axon Enterprise Inc (AAXN), formerly known a TASER International, is on a mission. Axon CEO and founder Rick Smith has relinquished his salary and future stock grants until 2028 in return for an approach that only pays for delivering outsized returns:
The most aggressive performance targets are to grow the company five-fold: to a market capitalization of $13.5 billion, combined with revenue of $2 billion or Adjusted EBITDA of $230 million.
In order to achieve the performance targets, Axon is moving towards a Software-as-a-Service [*SaaS*] business model. Axon has a long way