Hi mate, I'm super flat-out over the next week or so to go through the numbers, but maybe you can give a quick breakdown:
- How are their margins and profits tracking since listing? Any one-offs, that have impacted performance, acq costs, impairment etc?
- Are acqs starting to show any uplift?
- Is MAI current multiple cheap compared to sector peers?
- Have you accounted for any increase in debt for acqs when calculating multiples?
Hope I'm remembering the right stock here