Increased staffing costs may be a profitability head wind over the next 12 months. An automated B2B product is a good solution and earnings accretive in Y1.
Am expecting the clean up of Count Financial over the next 18 months with a significant lift in EBITDA to follow.
Without necessarily relying on any setting for business plank, sustainable annuity type earnings will continue to grow as will earnings and dividends. The latter is the Holy Grail for investors and these ingredients provide a predictable platform for the company SP to be re-rated over coming years.
In the absence of Findex launching a bid, l look forward to this business mopping up retiring practices and incentivising organic growth and advancement for younger staff.
This is an investment that will reward patience.
GLTASH.
DYOR
CUP Price at posting:
$1.00 Sentiment: Buy Disclosure: Held
