And these ones have a useful life of around 12 yrs. But that's not the point, it's the cashflow generation and how long it takes to payback the initial capex, in this case less than 4 yrs. The rest of the 'useful life' revenue generation is straight to the bottom line - or in the case of FND, the current crop of ATM's (under the SBI contract, some 3,900) being converted to WLA will actually then increase the forecasted cash generation. Win/win by that metric.
Anyway, if you don't believe me, go to any of their presentations, it's all in black and white...
Ann: Results Announcement - Strong 1H24 Operating Result, page-14
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$4.70 |
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Mkt cap ! $229.3M | |||
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|---|---|---|
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