Myob Group Ltd
(ASX:MYO) has released details of its Annual General Meeting presentation.
The online business management system company report shows accelerated growth in online subscribers with new wins and migrations.
They expanded their addressable market by the acquisition of Paycorp – a new payments revenue stream.
And they strengthened their board and management team with four new additions.
They expect revenue growth to remain in the 8-10 per cent range for financial year 2018 with EBITDA margins of 43-45 per cent.
Shares closed up yesterday 0.93 per cent to $3.26.