Once an acquisition occurs, there becomes natural slack in effort of employees opposed to owners busting a gut to dress up a clinic for sale.
There’s a vet shortage in the market as we speak. If they had more vets, revenue would increase.
Apiam cannot get economies of scale within their regions. The spoke and hub is too slowly being implemented.
I would say reaching $300m is now a stretch as last remaining clinics will place a premium on their multiple, playing hard to get; considering the current sp prospective owners may be reluctant to take scrip over cash; interest rates will now start to hurt the business.
T/o I would say unlikely, maybe only cherry picking.
- WE.
AHX Price at posting:
42.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)