who knows and your right regarding bad news
If G&I segment ended up delivering 25% increase as stated in late November then it’s an extra $8m in revenue and circa and $6m in profit above forecast
The interest rate run rate will went from $21m at the strategic review to $25m before Xmas and will likely be $29m run rate by end of this week after EU, ECB and US rises. This is an extra $7m in bottom line
Also worth noting that after Xmas they started hiring a lot of roles via linked in. Many in onboarding, QA roles (related to FCA and CBI), fraud, compliance and regulatory roles.
Lots going on beneath the surface but until end of Feb no one knows what this means
My big question is, will Sentenial/Nuapay achieve $40m in revenue and $20m ebit in the 12 months to 31st Dec 2023 which will trigger the $60m earn out clause.
who knows and your right regarding bad newsIf G&I segment ended...
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