Yes there are always risks, but these days both parents must work to survive. or else how do they pay the bills ???
To have one of the parents have to give up work to look after there kids at home on mass would have to be one very bad "Black death" type outbreak.
they, of course, do carry a large gross debt 13.3mill(to market value 27mill) load which is invested in 20x Childcare Businesses + upgrades
Qty Childcare receipts did increase 4Q18 to $9.34mill
Estimated operating cash outflows 1Q19 = $7.9mill (I'm counting on least 1mill net profit)
contribution from the newly acquired centres and disposal of poor return centres IMHO will continue and personal think MFD Net Profit hit 4mill+ 2019 CY ..
there was an older post showing clear Qty on Qty growth of receipts to DEC18 so the trend is good Cashflows wise ... Now costs wise how much was a one-off to new operating rebate systems centre upgrades etc ...
I certainly will be hitting the MD up to release 1Q19 results
Yes there are always risks, but these days both parents must...
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