We are delighted to announce Appreciate Group’s management presentation and Q&A webinar on Hardman Talks. The webinar will be held at 3.00pm on Wednesday 16 February 2022 as a virtual event on Zoom. Sign up now for your place.
Following the Q3 FY2022 trading update, the AIM-listed company will be presenting its business outlook for the year ahead. Management will be engaging with investors during the live Q&A, which will be moderated by Mark Thomas, Hardman & Co Head of Financials.
You can send us your questions when you register or during the presentation.
Appreciate Group facilitates pre-payment, gifts and engagement with staff and customers through many of the country’s most popular voucher, card and e-code products, which can be spent online, or at 24,000 retail sites. The model is increasingly digital. Appreciate offers investors potentially explosive growth through new digital offerings in the gifting/engagement markets, where its share is just 3%. This is uniquely combined with a dominant 71% market share in the consumer pre-paid Christmas savings market, which brings decades of key partnership management experience. FY21-FY22 has been a challenging period for Christmas savings, but Appreciate is generating the profits to fund the digital growth. Digitalisation not only opens new markets (a European comparator quadrupled sales in two years), but also improves efficiency and customer service, and typically sees share ratings double those of non-digital models.
Combining a profitable core, decades of experience – especially in managing key partnerships – and the latest technology gives Appreciate a unique fintech strategy. It is at the start of the transition to a digital model but has already attracted new partners like PayPoint. Comparable models are growing explosively, and are on higher valuations.
Read our latest report on Appreciate Group here.