Jaycar is in a different market to Uber and taxis. It is consolidating the limo industry, not the general transport industry. This market is a natural for a specialist like Jaycar.
Ultimately what matters is do the customers like the product and is the business able to grow significantly. The answer to both these questions appears to be yes.
Unlike 90% of the tech darlings on the ASX they have actual and growing revenue (exponential no less). They are only servicing a small number of the total airports and they are still growing into the airports they are established in (growth in depth and breadth). When you add in the agency growth it looks a compelling story.
Jaycar is in a different market to Uber and taxis. It is...
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