For the answers that you are searching for on margins,
refer to slides 8-14 of deck:
https://emlpayments-cms.s3.ap-southeast-2.amazonaws.com/wp-content/uploads/EML-AR-2021-Investor-Presentation.pdf
theres obviously no gambling biz account margins but that’s a GPR. So you can make an estimate.
as for why a rate hike is beneficial to EML, that’s because there’s something that’s called a cardholder’s float, which earns interest income. As they do not cost EML anything just by holding a float, every $ earned goes straight to profits.
a recovery of the economy plus a gradual increase in interest rates is actually a favourable situation for EML.
EML Chart, page-884
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Last
90.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $339.5M | |||
| Open | High | Low | Value | Volume |
| 90.5¢ | 90.5¢ | 88.0¢ | $756.4K | 842.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16737 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 59322 | 4 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
90.0¢ |
Change
0.000 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| 90.0¢ | 90.0¢ | 88.0¢ | 42506 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| EML (ASX) Chart |