Prezze is heading to $100m in revenue in FY23 and $2B in GDV and yet is seen as a unicorn valuation style. With increasing interest rates the G&I segment actually becomes more valuable and for EML they should achieve close to $80m Revenue in this segment in FY23 which is up from $68m in FY22 and circa $70m in FY21.
Selling G&I segment with a trailing income stream of $20-$30m of interest on float must be worth $500m+. From memory EML re signed some of their largest mall contract in the last 12 months (5 yr terms) so the idea has merit and value
Use these funds to aggressively target Open Banking monetization and acquire a GPR businesses in the US and Asia where they currently don't really service.
Altafox = Private Equity play re value creation for shareholders
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