Good to see you on the PLX thread supporting another kiwi company like ATM.
Agree the trading figures were a bit soft - i'm not so worried about the loss as around $2m of the costs are one-offs or non-recurring, but I was hoping for stronger revenue guidance. In saying that, this is without any customer growth before year-end.
They've invested in their sales team so I do expect results. The market seems big enough for Plexure to win business without too much pressure from competitors in the QSR, grocery space in the industry.
I think investors who are new to this business are still getting their head around what value a company like plexure provides. It's really in its ability to give the right offer to the right customer, which is more profitable for their clients than 'mass offers'.
I believe this will become a more standardised way for business' to market their services in the future.
Price at posting:
$1.55 Sentiment: Buy Disclosure: Held
