HUB 0.24% $75.05 hub24 limited

Ann: HUB24 announces record Net Inflows for March, page-4

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  1. 140 Posts.
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    re: Ann: HUB24 announces record Net Inflows f... Did a rough model after last years AGM where I predicted they're going to be gross-profitable around FUA of $792 and will take approx 8 month to reach that with the feeling they would speed up and therefore take less time. This is assuming constant margin.

    http://staging.hotcopper.com/threads/ann-ceo-address-to-agm.2137862/page-5

    Looks like they're kinda on track beating my estimates, but will probably take another ~18 months till we need some net profit if they stay on the current trajectory.
    I'm hoping they'll move fast, have some stability in their organization and stay ahead of competition to allow this to happen. These are the key risks I see.

    Very keen to hear from people on what their experience is like as an investor end-user or adviser with hub24 and other platforms. Any takers?

    I'm pondering whether to retain these or seek values elsewhere.
 
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