Skydive glides through reporting season
On Thursday, Skydive the Beach Group Limited (ASX: SKB) announced its full-year results. The company announced earnings before interest, tax, depreciation and amortisation (EBITDA) growth of 123%. Shares in SKB closed up 3.5% for the week. We participated in the IPO in March 2015, purchasing shares at 25 cents. Shares closed today at 59 cents. The company has made a number of successful acquisitions since listing, and we expect it will be able to continue its double-digit growth rate through price increases, operational efficiencies and further acquisitions. We own SKB as a research-driven investment in WAM Capital and WAM Research.
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Wilson Asset Management has a track record of making a difference for shareholders and the community for 25 years and is the investment manager for eight LICs - WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB), WAM Microcap (ASX: WMI), WAM Alternative Assets (ASX: WMA), WAM Strategic Value (ASX: WAR), WAM Research (ASX: WAX) and WAM Active (ASX: WAA) - and the Wilson Asset Management Leaders Fund. Wilson Asset Management invests over $5 billion on behalf of more than 130,000 retail investors. Wilson Asset Management created and is the lead supporter of the first LICs to deliver both investment and social returns: Future Generation Australia (ASX: FGX) and Future Generation Global (ASX: FGG).
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Wilson Asset Management
Wilson Asset Management has a track record of making a difference for shareholders and the community for 25 years and is the investment manager for eight LICs - WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB), WAM Microcap...
Wilson Asset Management
Wilson Asset Management has a track record of making a difference for shareholders and the community for 25 years and is the investment manager for eight LICs - WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB), WAM Microcap...
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