KME - Kip McGrath

[galumay]

Interestingly ,my modelling has a range of IV slightly north of $1still. My conviction is not as strong!

 

[Dona Ferentes]

Interestingly ,my modelling has a range of IV slightly north of $1still. My conviction is not as strong!

must have been rather poor 1H ... down 33 per cent.

DNH

 

[Dona Ferentes]

.
FY24 Full Year Outlook
• Strong growth in the global tuition market, aligning with our business expansion
• Internal focus on improving profitability with ongoing margin enhancements
• Anticipating improved profitability for Tutorfly and corporate operations in the second half
• Enhanced technology is propelling franchise lesson expansion, higher student retention, as well as delivering efficiencies
• FY24 Global revenues are expected to continue to grow at similar rates as observed in the first half
• FY24 full year profit is expected to align with the prior year result.
.
is the model working? how's global expansion to be funded?

 

[galumay]

I think there are a lot of moving parts. Loss of a high margin client in the ME, Cluey 'poaching' customers with a loss leading adwords strategy, corporate model lessens high margin franchise revenues, poor franchises are incentivised to move to the corporate model, Tutorfly proving problematic. Probably my lowest conviction holding now.

 

[finicky]

FY24 result
And yet price up over 30%? On only 240k volume.
They're tipping revenue and orifit growth for FY25

Held
Stuck