investors who bought Zoom Video (ZM) shares at any time during 2020—recent market pullback aside—have likely enjoyed rather impressive returns. The video conferencing platform has benefitted from the perfect set of circumstances that boosted its profile, revenue, and bottom line.

Zoom has proven the naysayers wrong throughout its run over the last five-plus months, highlighted by its 40% post-second quarter earnings release surge. As the economy returns to something closer to normal, the questions about Zoom’s long-term strength might grow louder. But Zoom was expanding well before the pandemic that highlighted the utility of its offerings.

Beyond the Pandemic…

Zoom was thrust into the spotlight early on in the pandemic, as people and businesses quickly searched for ways to connect with coworkers and friends during the stay at home and social distancing push. Zoom’s cloud-based video conferencing platform proved to be a hit because of its ease of use, and it proliferated from there.

Even if Zoom calls between friends and family continue to fade, as people become more comfortable expanding their circles, it doesn’t really impact the firm substantially. ZM revenue comes from subscription-based paying customers that are still using its offerings non-stop in the current remote work and learning environment that could be here for a while.

The possibility of businesses remaining in their current remote capacity for a long time is very realistic, especially for many professional services firms in big cities, where public transportation, elevators, and more hamper reopening plans. More importantly, Zoom’s longer-term success might hinge on companies finding the work-from-home world relativity seamless.

This could see companies permanently cut back on rent and commercial real estate expenses. The numbers already show that people are leaving San Francisco, as some of the biggest tech companies such as Facebook (FB) and others commit to a longer-scale remote work plan.

On top of that, Zoom offers firms the chance to scale down travel, which the pandemic could help normalize. This also has potentially positive environmental impacts that companies might take advantage of for various reasons. Zoom, which went public in April 2019, was highlighting this factor well before the coronavirus.

It is also vital to remember that the company was growing before millions of people were forced to work from home and go to school virtually. For instance, Zoom’s fourth quarter revenue jumped roughly 80% for the three-month period ended on January 31. Meanwhile, its full-year fiscal 2020 revenue climbed 88% to $622.7 million.