Blue Ocean Coverage Update, page-9

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smac656

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11/05/16

11:47

Post #: 17733859
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Originally posted by pods ↑

I think their estimates are fairly accurate. It has always been hard to estiamte MBE's growth.

Most of their growth comes from entering new markets with their m-payments infrastructure. That's why revenues have been able to expand by around 80+% for the last FY.

That is very similar to the growth that was achieved when initially launching in Australia.

When they launched in Australia, they were coming off a very low base, so this explains why growth was 80%. The UK on the other h and is a much larger market and we have also purchased several businesses recently - this explains why the growth has been so large the last FY.

However, going forward, we are looking at a little consolidation. Fine tuning the business. Cutting costs (which were done so in the last report). We probably will not acquire any more businesses in the next FY and the new markets we are entering are either comparable to our current global business or smaller.

Thus i don't believe we can expect the growth that we have been accustom to the last 4 years unless:
* Russian sanctions are lifted
* We crack USA or China or Japan etc.
* We launch a very popular application in multiple locations (Australia, UK)

Expand

Thus i don't believe we can expect the growth that we have been accustom to the last 4 years unless:
* Russian sanctions are lifted
* We crack USA or China or Japan etc.
* We launch a very popular application in multiple locations (Australia, UK)

Expand

You don't think the Asian expansion of DCB and performance marketing alone will do it? 100 million smart phone users in Indonesia would be a good start.

MBE Price at posting: 38.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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Blue Ocean Coverage Update, page-9

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