RE:FCF ruminations
GrahamB wrote: "FCFA2S increased €32.3 million to €133.4 million compared to €101.1 million for the same period in 2023 representing an increase of 32%. "
so...
Back of the envelope:
Annualized 533.6 and 784 CAD with a
TEV 9.75Billion
FCF yield 8%, and forward FCF yield of almost 11%
Yes, I like this
Mark Leonard is one of the world best capital allocators.
And from the topicus website: "Robin van Poelje as CEO, Daan Dijkhuizen as Group CEO Topicus Operating Group, Ramon Zanders as Group CEO TSS Blue and Han Knooren as Group CEO TSS Public. Together with CFO Jamal Baksh they form the leadership team of Topicus.com. With proven track records and a wealth of experience, this powerful team is united in growing the new Topicus.com with one mission in mind: to be the number-one vertical market software provider in Europe."
I need to learn more about this talented group. One aspect of Mark Leonards brilliance is in finding folks like this. Impressive entrepreneurs from my initial readings.
ok-cheers
Happy reading