Justin Waite Profile picture
Stock Market #Investor #Investing. Host of @VoxPodcast #Podcast & founder of SharePickers Investment Club πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡πŸ‘‡
Dec 23, 2021 β€’ 4 tweets β€’ 3 min read
In March 2021 John Clarke started the transformation of #GFIN, from an esports service provider, a low margin, high cash burn business to a high margin digital media company centred around gaming & esports.

1/4 thread... The transformation won’t happen overnight but encouraging early signs are showing the business is heading in the right direction where gross margins have gone from 13% to 40% and expected to get to over 60% and revenue forecast to do 40%+ CAGR.

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