An analysis of a ASX: MAD business model.
Great writeup Jacob. You did touch upon it, but do you know the reason for decline in ROE/ROIC in recent years? Even if you don't know the exact reason, would be interested to hear your thoughts about potential reasons for this decline.
Great writeup Jacob. You did touch upon it, but do you know the reason for decline in ROE/ROIC in recent years? Even if you don't know the exact reason, would be interested to hear your thoughts about potential reasons for this decline.