Hong Kong and Middle East confirmed as new master franchises. Revenue initiatives through licencing in South Africa and perhaps other Commonwealth nations (from conference). Continued conversion to revenue share / Gold partner licences with only 3 in 10 currently on this model.
Plenty of reasons that the next years profit will show more positive and most importantly, sustainable growth in revenue and profits. Loving the chance to pick up more as the share price experiences a reasonable pull back after a year or more of uninterrupted growth.
Ann: App 4E / Full Year Statutory Accounts, page-9
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