The online offering seems to be an add on product which is driven through at the franchise level. They still retain the customer but have a broader offering attracting a broader range of students. I may be wrong however.
You would think margins could improve from here as well as that consistent revenue growth we have been seeing.
Margin Expansion:
- Reduced product investment cost
- Improved operating leverage with increased centre and student numbers
- Increased product offering commanding higher revenue/margins per centre
Revenue growth:
- student volumes
- centre numbers
- increased product offering from the franchisor to the franchisee
The online offering seems to be an add on product which is...
Add KME (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
42.5¢ |
Change
0.005(1.19%) |
Mkt cap ! $24.15M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.5¢ | 41.5¢ | $4.782K | 11.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2292 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 29213 | 2 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| KME (ASX) Chart |