Telecard Limited (TELE): 9MFY21 Analyst Briefing takeaways – By AKD Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">TELE held its analyst briefing yesterday to apprise investors about company&rsquo;s financial performance and future outlook. To recall, company posted PAT of PkR335mn (EPS: PkR1.11) for 9MFY21 against LAT of PkR41mn (LPS: PkR0.14) for 9MFY20.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company&rsquo;s revenue declined by 6.9%YoY for 9MFY21 as renegotiated terms of contracts set-in however, management is of view that majority of this business is recurring, particularly the topline witnessed in 3QFY21.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Commenting on the future outlook, company stated 3QFY21 results to be more representative of the future as renegotiations w...