Q: What do you think of div latest quarter.
5i Research Answer:
EPS of 6c beat estimates of 5.1c; revenue of $14.0M was slightly less than $14.1M expected. Revenue rose 27.7%; Distributable cash of $9.8M rose 23.7%. Payout ratio rose slighty to 87.5%. Mr. Lube and Mikes showed very good growth but Air Miles continues to weaken as customers leave the program. Overall, though, we would consider it a decent quarter.