RZI 2.20% 44.5¢ raiz invest limited

Ann: 30 September 2018 Quarterly Update and Appendix 4C, page-2

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  1. 1,484 Posts.
    lightbulb Created with Sketch. 43

    Very transparent results, not stellar but respectable.

    14.8% growth in revenue for the quarter, up from 12.5% in June, so thats positive and with $10mil in cash the company shouldn't have any troubles managing itself to cashflow positive without needing anymore money.

    With a market cap of over $40mil, it's still a bit high for me and based on the sector it's in (fin tech) I would be looking for more growth than it's currently producing..... but on the whole I think RAIZ is being pretty well managed.

 
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