Tomorrow I'll be making my Twitter Spaces debut with some of fintwit's finest! 😃 Make sure to set a reminder and listen in if you want to hear us talk about investment ideas, our portfolios and more! Also feel free to shoot any questions you like 😉

@Quartr_App @genuine_impact @jennablan @mjmauboussin @InvestInAssets @KellyCNBC @ryannfhogg @IFB_podcast @convictionhold @MikeZaccardi @GuyAdami Praise well deserved! These visuals are amazing. The Amex one is *chef's kiss*.

@mavix_leon I always saw it is a Tesla derivative (used to have extreme correlation) = no no for me. Now after quite the drawback I realized that the fundamentals are stronger than I expected. Think it looks good here. Not a fan of mgmt. incentives though and unsure about their USP.

Playing a bit with assumptions here (FY22-FY27): • 23% revenue CAGR (slightly above market growth) • Margin expansion to 19.7% (following incremental trends) • Mid/high 50's FCF conversion (%) • 15x UFCF exit multiple gives 10% IRR, 20x gives 16.5% Not bad?

Starting to dig $ALFEN here European renewable play 🇳🇱♻️ • 29% 5-y rev CAGR • EBITDA 5.4% -> 17.7% (20%+ incremental) • 20%+ ROIC, ~10% ROA • Low leverage • Ok capex profile, NWC bit concerning though • Obvious market tailwinds • 24x LTM EBIT on 27% forward growth

@Invesquotes Congrats Leandro! 🎉

@mavix_leon Of course my friend! ❤️ Your content is an absolute value-add to both my timeline and mailbox. You put in a lot of effort with quality output which I believe should not go unnoticed. Just keep on doing what you doing! 💪

@modic123 💳🇨🇭

@Invesquotes Until you start digging through the First North and Spotlight exchanges and find the biggest pieces of 💩 Jokes aside, the Nordics are an amazing hunting ground 🎯

@SaeschInv @Redeye_ @chriswmayer @_inpractise Nice mug 😉

@Invesquotes It is. Took a step back for a couple of months and clearly appreciated it. Losing him would be a huge miss, but personal health > business of course!

"If there is one takeaway to bring into the year ahead, it's this: Adyen is in investment mode. Long-term gain often requires short-term sacrifice. (...) This is only the beginning."

Changes in management: • CFO Uytdehaage becomes co-CEO. • Former head of Group Finance Ethan Tandowsky new CFO. • COO Kamran Zaki stepping down. Duties will be taking over by co-CEO and CCO Roelant Prins. Still strong growth rates across geographies.

$ADYEN H2 2022 results: • PV: €421.7B (+41%) • NR: €721.7m (+30%) • EBITDA: €372m (+4%) • Margin: 52% (64%) • FCF conversion: 80% (90%) • Capex: 8% of revenues (6%) • FTEs: 3332 (2180) Misses on estimates. Guidance maintained. Adyen is in investing mode.

New write-up: Teqnion $TEQ 🇸🇪 ($250m mcap) • Industrial group w/ M&A focus on high-quality niches • 40% sales & profit 5y CAGR • High capital efficiency (20%+ ROIC) • Capex-light and healthy BS • Founder-led + high insider ownership • Has a CXO

@mavix_leon Really odd, but seems like a marketing intern made a stupid mistake. Otherwise huge 🚩 Just noticed it has finally been added to Degiro platform. However a bit too late for me after +149% since I wrote about it 🙃

@mavix_leon @SubstackInc Exactly the same order as you haha. Would've expected more Sweden tbh but perhaps that will change with my next write-up being about a Swedish co 👀

New write-up: Keystone Law $KEYS.L • "Legal disruptor" • £9B+ addressable market • HDD sales CAGR • Profitable w/ operating leverage • Founder-led, 29% insider ownership • Superior ROIC, ROA and ROE • Asset-light & net cash • 16x EV/EBIT Enjoy! https://t.co/Szg6KGzu8Y