So.... about the writeup I was going to post this week...

Good morning and happy Thursday to all of you. My post from 3/27/24 stated that I would be posting this week or next week about a new business after I looked at its FY 2024 Trading Update. The update was posted this morning, but it only provided full year revenue, adjusted EBITDA, and its net-cash position.

It did not include an income statement, balance sheet, or cash flow statement that I could use for valuation. The business posts its full year “preliminary results” in June where it does provide that information, so I’ll be waiting until then to post my full writeup. Like I said in my last post, I think it’s prudent to wait until I have all of the financial information from FY 2024 to analyze the business.

This falls on me and I apologize for the mix up. The writeup for May will be posted on 5/7/2024 and, as of now, there will be two writeups in June. The first will be on 6/4/2024 and the second will be two to three weeks later which will be on the business I was going to post about today.

Again, I apologize for the mix up. I hope all is well with you and may the markets be in your favor.