FND 4.06% $4.02 findi limited

And these ones have a useful life of around 12 yrs. But that's...

  1. 1,489 Posts.
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    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...

    https://hotcopper.com.au/data/attachments/5792/5792456-a9eff4b2c748f5c54a2c3a2d42e3cb80.jpg

 
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