Originally Posted by
Simsee
This from Jarden
Reality check for International business. Consistently missing analyst targets (noting COVID a recent impact) and a slower country rollout signalled at the 1H23 results lead us to recalibrate our forecast assumptions. The $/country has averaged ~$200k since FY17 ($120k in FY22) and we assume $300k by FY27E (see Section 5), alongside countries sold-in going from 47 to 120, which lifts RoW revenue from $6m to $37m. This compares with an implied company target of ~$112m, which is 3x our forecast, so we acknowledge the upside if AFT can execute but this appears ambitious given evidence to date.”
Market appears to have lost Cindy in AFT
Time to bail?