EVO 0.00% 80.0¢ embark early education limited

I've been thinking about EVO a lot before bed these days.If you...

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  1. 203 Posts.
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    I've been thinking about EVO a lot before bed these days.

    If you look at EVO's balance sheets they are not bad at all. A large segment of the revenue relates to government funding which is therefore a fixed revenue source, and then childcare Fees which hardly moved down yoy. They now have a new line of revenue and EBIDTA via australian acquisitions. I imagine the current environment will allow them to pickup cheap childcare centres in australia and just grew their revenue and ebidta and the NZ segment of the business which struggled with occupancy just needs to be stable and doesn't even need to grow at all for this business to go backing being able to distribute dividends.

    Directors NEED to act quick and pickup cheap centres.
 
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