I have often wondered why some complain about a head company like CI1 buying into another profitable company subsidiary as some how being a less worthy growth story.
I don't think it is.
The start of the Shinehub thread was based on a proven lie or at least a misrepresentation. . The screenshot one is a bit iffy as well.
In CI1's case we have already been advised revenue will be about the same as last year and it is all gross profit.
As for expecting fintech to contribute yet to CI1 revenue and basing performance measures on this, it seems like its a bit early yet to expect any substantial contribution. A launch in Australia or Hong Kong of a BNPL product does not mean you have customers immediately only that you are offering a product.
GLTAH DYOR
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