Yes, agree. FC has EBITDA margin of 50-55% currently, but competition will catch up in 1-5 years. FC margins can dip to 30%. Also, there is a real issue of succession. The promoter is in his 70s and his children not keen to run the business. Cupid is looking out for a professional CEO.
Also, he wants to move away form B2B to B2C gradually which requires huge investments in brand building and is very competitive.