INVESTORS – INVESTMENT CASE & KPIs
Focused on continued innovation and diversification of operations through investment and development of technologies
Our business strategy focuses on continued innovation and diversification of operations through investment and development of technologies with multiple product applications to be deployed across key geographies:
We use cash flow from long-established photobooth operations to develop new and complementary products to drive future growth
We are seeking growth in our Wash.ME and Feed.ME vending equipment businesses
We are focusing on getting the best yield out of our automatic unattended vending machine estate
We are maintaining a low fixed-cost base with the same network of field engineers deployed across the entire estate
Key strengths
Key performance indicators overview
ME Group measures its performance using different types of indicators. The main objective of these KPIs is to monitor the Group’s cash generation, long-term profitability, preservation of the value of its assets, and returns to shareholders.
TOTAL GROUP REVENUE (actual rate of exchange)
£297.7m
2022: £259.8m
GROUP PROFIT BEFORE TAX
£67.1m
2022: £53.4.6m
INCREASE IN NUMBER OF PHOTOBOOTHS
3,137
INCREASE IN NUMBER OF LAUNDRY UNITS (operated)
779
2022: 660