Fantastic update, knocked it out of the park. 7.3k customers in the last quarter, 5k in January MTD (vs 11k for te whole of FY24), and at the same time increasing ARPU!
The transition from "transaction-based savings" to a "longer-term wealth creation" focus should help with the multiple too, it's a much more desirable business model with higher ARPU (which leads to higher net margins) and stickier revenue. In Europe these types of companies trade at 10-20x revenue. Look at PBEE on the LSE for a comparable. In the US, multiples are usually higher.
Fantastic update, knocked it out of the park. 7.3k customers in...
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Last
69.3¢ |
Change
-0.020(2.81%) |
Mkt cap ! $71.63M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 71.0¢ | 68.0¢ | $32.48K | 46.62K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1862 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.5¢ | 1189 | 1 |
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| Last trade - 14.20pm 01/08/2025 (20 minute delay) ? |
| RZI (ASX) Chart |