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.
For the answers that you are searching for on margins, refer to...
Add EML (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.03 |
Change
-0.020(1.90%) |
Mkt cap ! $386.3M | |||
| Open | High | Low | Value | Volume |
| $1.06 | $1.06 | $1.01 | $962.8K | 933.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8918 | $1.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.04 | 8036 | 1 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.04 |
Change
-0.020 ( 1.93 %) |
||||
| Open | High | Low | Volume | ||
| $1.05 | $1.06 | $1.01 | 582897 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| EML (ASX) Chart |