EVO - Evolve Education

[percy]

Balancing multiple interests is part of any business. The listed retirement sector does well enough, you could use the same quote and just replace parents of the kids with kids of the parents....

Exactly............

[forest]

Balancing multiple interests is part of any business. The listed retirement sector does well enough, you could use the same quote and just replace parents of the kids with kids of the parents....

Except that EVO does not have any occupation rights to resell over and over again.

[percy]

Except that EVO does not have any occupation rights to resell over and over again.

Pity.............

[Beagle]

Except that EVO does not have any occupation rights to resell over and over again.

Exactly. Increasing labor costs will hit this sector too in my opinion.

[percy]

Exactly. Increasing labor costs will hit this sector too in my opinion.

With growing demand for child care I think the sector will cope OK.
Will not slow down the sector's growth.
Something I have noticed is the demise of Bowling clubs,Golf clubs, Rose Societies, and the likes.
Wonder if the grand parents are spending more time minding the grand children,or are oldies to busy touring,[or still working]..?

[Beagle]

With growing demand for child care I think the sector will cope OK.
Will not slow down the sector's growth.
Something I have noticed is the demise of Bowling clubs,Golf clubs, Rose Societies, and the likes.
Wonder if the grand parents are spending more time minding the grand children,or are oldies to busy touring,[or still working]..?

In very recent years, sadly there has been a massive increase in the number of grandparents needing to parent grandchildren full time due to the enormous growth in the numbers of young people using methamphetamine and becoming so addicted they cannot raise their own children.

[percy]

In very recent years, sadly there has been a massive increase in the number of grandparents needing to parent grandchildren full time due to the enormous growth in the numbers of young people using methamphetamine and becoming so addicted they cannot raise their own children.

Yes unfortunately.
A friend of mine in the police force, told me if an addict's house was on fire,and his wife and children were in the house,the P addict would try and save his stash first.
I try on ST to save posters losing capital,when I can,but seeing young people losing their way with drugs deeply saddens me.
Visiting schools and seeing so many happy,bright, young kids with so much energy, does give me hope for the future.
[ps also knowing they will enjoy the fantastic books I have sold into their library]

[tim23]

If they reduce someone else is buying aren't they? QUOTE=Roger;666124]Exactly. Increasing labor costs will hit this sector too in my opinion.[/QUOTE]

[trader_jackson]

https://nzx.com/files/attachments/258548.pdf

I thought Evolve was a growth company?
You know its not great when they talk about how revenue increased 10% but very little mention of how last years profit compares to this years... which was only up 1.5%
(EPS has "jumped" from 8.8 cps to 8.9 cps)
Surely I'm not reading this right?

[winner69]

Y

https://nzx.com/files/attachments/258548.pdf

I thought Evolve was a growth company?
You know its not great when they talk about how revenue increased 10% but very little mention of how last years profit compares to this years... which was only up 1.5%
(EPS has "jumped" from 8.8 cps to 8.9 cps)
Surely I'm not reading this right?

I think you have read it right

Of the $14.0m increase in revenues only a miserable $0.2m flowed through to the bottom line

But t_j no need to despair - it'll all come right one day

Divie up though - did you miss that in the headline