WATR has delivered as much in sales terms in the first three quarters of 2019 as it did in the whole year of 2018, putting on a 34% YoY growth sprint. Momentum in the individual businesses remains strong, with corporate-operated and franchise-related (mainly the insurance channel) revenues breezing forward by 47% and 45% YoY respectively. At the same time, pleasingly, the franchise division’s royalty income itself grew sales in spite of reacquisitions (+4%). This translates into approximately $6 ....
28 Oct 2019
Confident and delivering from a strong installed base, undervalued
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Confident and delivering from a strong installed base, undervalued
Water Intelligence plc (WATR:LON) | 325 0 0.0% | Mkt Cap: 56.5m
- Published:
28 Oct 2019 -
Author:
Nick Spoliar -
Pages:
4
WATR has delivered as much in sales terms in the first three quarters of 2019 as it did in the whole year of 2018, putting on a 34% YoY growth sprint. Momentum in the individual businesses remains strong, with corporate-operated and franchise-related (mainly the insurance channel) revenues breezing forward by 47% and 45% YoY respectively. At the same time, pleasingly, the franchise division’s royalty income itself grew sales in spite of reacquisitions (+4%). This translates into approximately $6 ....