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I had not seen this chart before:It shows the issue that...

  1. danbradster
    7,151 Posts.
    lightbulb Created with Sketch. 1819
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    05/08/24
    11:53
    Post #: 75071839
    I had not seen this chart before:

    https://hotcopper.com.au/data/attachments/6360/6360448-510384fa242dc64bc0cb1d1718a4e839.jpg
    It shows the issue that happened with eBooks. Something about resellers. "Reseller relationships now represent ~15 schools in
    the portfolio."     15/60, I guess.

    No significant fall in revenue though, since resellers were low margin.

    https://hotcopper.com.au/data/attachments/6360/6360463-033a261a850a312e09c301d495d2bc90.jpg



    Even VET showed a drop FT21->FY22 for some reason. Lots of acquired schools, but then some deciding to leave?
    RCL Price at posting: 8.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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