The GS report is available on commsec if you have an account. Main takeaway is the following:
"MP1 reported 2Q21 / 1H21 metrics broadly in line with ourforecasts on an FX adjusted basis. Our first take is here. While newcustomer growth was weak, we attribute this to a combination ofCovid in the Northern Hemisphere together with a US presidentialelection in the period.
We acknowledge that Covid may continue todisrupt its March 2021 quarter for new customer growth but twokey underlying trends remain robust: number of services percustomer continues to rise which in turn is driving up averagerevenues per user.
Furthermore, MP1 reiterated it expects to beoperating cash flow positive consistently from 4Q21. Strongdemand for public cloud infrastructure, broadening of its productsuite and increased confidence on its path to generating positivefree cash flow sees us upgrade our recommendation to Buy (fromNeutral)."
Ann: Appendix 4C - quarterly, page-39
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$11.22 |
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Mkt cap ! $1.789B | |||
| Open | High | Low | Value | Volume |
| $11.74 | $11.81 | $11.20 | $16.96M | 1.494M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8113 | $11.22 |
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| Price($) | Vol. | No. |
|---|---|---|
| $11.24 | 28 | 1 |
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