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
93.5¢ |
Change
-0.030(3.11%) |
Mkt cap ! $350.6M | |||
| Open | High | Low | Value | Volume |
| 96.5¢ | 96.5¢ | 92.8¢ | $1.961M | 2.080M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14999 | 93.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 33396 | 7 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
94.0¢ |
Change
-0.030 ( 2.83 %) |
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| Open | High | Low | Volume | ||
| 96.0¢ | 96.0¢ | 93.0¢ | 357102 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| EML (ASX) Chart |