Nevertheless still good reminder of what the business is up to and where its heading. Also likely just a flag to holders- 'hey guys, the SP pullback is nothing to do with the business fundamentals, all is tracking as normal'...
Those proposed ebitda multiples are something ay... FND could 5x from here... if one was to believe it deserved those same multiples
It would have been reassuring to the market - reconfirming they are on track. Seen that reaction in SP.
It would have been reassuring to the market - reconfirming they are on track. Seen that reaction in SP.
tomorrow reaction to FY25 numbers will be interesting too.
1pm nz time is the call.
Instant success is a curse and a gift. The curse is you think luck is skill. The gift is you know it can be done. Then it’s a race to turn luck into skill before you lose it all.
Revenue $80-90m, EBITDA $30-35m AUD
FindiPay rolled out across 6 new states, acquiring 3,000 merchants per month
Advanced Due diligence on acquisitions
Smedley now executive chairman
IPO of TSI India on track for 2026
Strategic investments in Findipay, people, systems to support growth
FY25 not as good as i had hoped. Put down to ATM downtime. That is okay.
Can tell FY26 will be the year of riches.
The acquisitions.. I assume they are outside of this guidance. So potential for upgrades once they are signed off..?
I think current market cap is about right. maybe ~20% undervalued if you apply the 8x ebitda trick.
Last edited by Rawz; Today at 11:15 AM.
Instant success is a curse and a gift. The curse is you think luck is skill. The gift is you know it can be done. Then it’s a race to turn luck into skill before you lose it all.
Instant success is a curse and a gift. The curse is you think luck is skill. The gift is you know it can be done. Then it’s a race to turn luck into skill before you lose it all.
Originally Posted by Rawz
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