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Last edited 6 years ago
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#Bull Case
stale
Added 6 years ago

After a few years of treading water, management have refocused their efforts on:

1. Geographical areas that they're leading in.
2. Keeping a tight rein on costs.
3. Cross-sell products that can generate 10-12x the revenue of classifieds.

Cross-sell, under their Motorfy platform, is starting to hit its strides and feels as though it's at an inflection point. Company expects to be cash-flow breakeven by end of CY18