The great thing about PPH is it's made a clear transition from being a somewhat risky loss making SaaS company to a new heavily profit making enterprise. The forecast is extremely aggressive EBITDAF guidance which I don't think they'll have trouble making considering it seems they'll have extra revenue squeeze from the CCB customers which have not yet been realised.
I am extremely bullish on PPH atleast through FY21, as we still have a strong tailwind with acquisition related growth which is arguably also organic in the sense that CCB and PPH integrated in April 2020, and we essentially have a monster market share of a business in the religious space.
Tithing will also likely become completely electronic with coronovirus discouraging the use of coins and cash.
- Forums
- ASX - By Stock
- PPH
- Oh my lord....Breakout of a two year base
Oh my lord....Breakout of a two year base, page-4
-
-
- There are more pages in this discussion • 259 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)