Clarification on Commercial Use and Redevelopment under AGPL v3.0

Hi everyone,

​I have read the AGPL v3.0 license and want to make sure I understand it correctly for my specific use case.

​I plan to reuse and redevelop parts of this project for commercial purposes. However, I want to clarify: is it fully permitted to use this for a commercial product as long as our modified source code is also open-sourced under the same AGPL v3.0 license?

​Thank you for your time and clarific

ation!