OCL 1.05% $12.27 objective corporation limited

Are they increasing RnD as they want to accelerate growth or due...

  1. 201 Posts.
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    Are they increasing RnD as they want to accelerate growth or due to the larger size of the business with the RegTech acquisition? Strip out the growth in revenue from the RegTech acquisition and organic growth is just 16% and it is valued at an EBITDA multiple now of 62x. They haven't detailed profit acquired from RegTech but there is not doubt that the top line numbers are massively boosted as a result and that this is not going to be the case going forward without out further acquisitions.

    Good business but now on a extremely high multiple.
 
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