Interesting reading.
It looks like they will exhibit very strong operating leverage in the current FY. If you break down the gross margin of the transactional revenue (look at operating cost increase ~5m and increase in transactional revenue of about ~7m) gives a gross margin of only 28% on the acquiring income, although based on the business model, the actual costs of ongoing revenue are only in the order of 40-50%. This should scale very well.
Ann: FY20 Annual Report, page-4
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
64.5¢ |
Change
-0.040(5.84%) |
Mkt cap ! $156.0M | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 66.0¢ | 63.0¢ | $199.2K | 311.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45179 | 63.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 3954 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| SMP (ASX) Chart |