I think it's best to consider the cash _part_ of their core business, a bit like an insurance company.
The big opportunity was Bank-in-a-Box, but that's clearly not been a success - no reports of further sales after the trial with Maleny CU, and I believe they've written off the development costs now.
The margins are pretty big and the larger part of their costs is fixed, though, so their earnings should scale very nicely if they can grow revenue.
RFL Price at posting:
4.9¢ Sentiment: None Disclosure: Held
