Well each HVAC tech should gross on average about $350,000 for general residential and light commercial. While industrial and speciality (think life science) will gross ~1M.
A mid sized company carries about 100 to 1500 employees.
I'd say most HVAC probably lean <200.
Of which maybe 20% of staff are general tech and 10% specialized. And rest of staff supports, but all gross is accounted for by tech work.
So that's about 25M per year gross as a midpoint.
I'd say it tops out at about 60M before they arent mid sized compabies.
Residential light commercial exclusive small business tend to cap around 5-6M gross, which would have been more than ASTS did in gross full year 2024.
From here you can work out which ones are multi billion dollar companies with revenue below either a mid sized HVAC company or small business HVAC company.
True, but if dollars got a short squeeze, then I think its only short-term because TACO wants dollars to go down so people don't have the confidence to keep pumping it up.
IMO, dollars will tops tonight or before the market is open tomorrow. Then, we're back to normal pump.