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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Last
$3.59 |
Change
-0.070(1.91%) |
Mkt cap ! $175.1M | |||
| Open | High | Low | Value | Volume |
| $3.66 | $3.69 | $3.50 | $321.8K | 89.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150 | $3.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.59 | 364 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$3.54 |
Change
-0.070 ( 0.84 %) |
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| Open | High | Low | Volume | ||
| $3.61 | $3.65 | $3.53 | 9633 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| FND (ASX) Chart |