Trying to guess where the FTSE will be in 6-12 months is a bit of a crapshoot. Not so for ClearStar, where circa 90% of turnover relates to ‘repeat’ everyday background/employment and drug/alcohol screening tests (run-rate >8m pa). Better still, retention is an impressive 90% - which when added to the natural flow through of recently signed deals, the ‘on-boarding’ of existing clients, and today’s ‘bang in line’ interims – means there is >95% and >85% respectively of revenue cover for this year ($17.8m) and next ($19.8m).
19 Sep 2017
12% LFL growth driving record H1 sales
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12% LFL growth driving record H1 sales
Trying to guess where the FTSE will be in 6-12 months is a bit of a crapshoot. Not so for ClearStar, where circa 90% of turnover relates to ‘repeat’ everyday background/employment and drug/alcohol screening tests (run-rate >8m pa). Better still, retention is an impressive 90% - which when added to the natural flow through of recently signed deals, the ‘on-boarding’ of existing clients, and today’s ‘bang in line’ interims – means there is >95% and >85% respectively of revenue cover for this year ($17.8m) and next ($19.8m).