📈Projections

Financials

Fume’s model shows a swift move from a modest $0.2 million loss in 2025 to break-even and a small $0.3 million profit in 2026, then accelerating sharply: revenue climbs to $1 million in 2027, more than triples to $3.5 million in 2028, and more than doubles again to $8.4 million by 2029. In other words, once the platform reaches commercial launch it compounds at an annual run-rate of roughly 3×, underscoring both the stickiness of the SaaS-plus-bps model and the momentum behind on-chain fund administration.