bullish
Cash Converters International - Rejuvenated and Growing
SUMMARY
- Cash Converters International (ASX:CCV) is a consumer finance company operating as a service provider, owner and franchisor of second-hand goods and financial services stores in Australia and internationally.
- It derives its revenue from personal loans, vehicle finance, sale of goods and store services.
- In recent years, the business has faced both company specific and industry headwinds involving litigation and regulatory scrutiny, but it has worked through those and evolved into a highly regulated, well-run profitable business with a clear strategic direction and multi- layered growth opportunities.
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