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Transportation Logistics and Fintech two-sector where they will see more growth
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Focus and growth will come from the US
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If they grow 25% YOY, They will get 500 million by 2030
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Seeing 18% to 19% EBITDA margins
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Confidence of hitting 100 million in this financial year
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Promoter of happiest mind is very old , A trust founded will work as his successor.
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Q3 Concall Highlights:
EBITDA margin reduced due to choose to invest in sales engine to achieve $500mn revenue vision by 2030.
Q3 was tough due to US market head wind, recruitment cost of new employees to achieve $500mn. Q4 will be good, but head winds are there. It is reality check, as wake up call to make company stronger.
All acquired company were profitable when acquired and are profitable now.
Anticipated interest cut in US helps to spur demand.
Q4 EBIDTA margin at 18% is aspirational.
In short, company aspire to grow 22 to 25% to achieve $500mn revenue by 2030.
Disclosure: Invested
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