The Nex Playground is outselling Xbox to become the hot holiday toy

Two years ago, the company sold about 5,000 units of the Playground. Last year, that number was roughly 150,000. This year, it’s on track for 600,000. Before its pivot, Nex did about $3 million of annual revenue and wasn’t profitable. This year, the company is projecting more than $150 million of sales and says it’s on pace to finally break even.