Interested in a potential Retail Zoo (Betty's Burgers, Boost Juice, Cibo, Salsas) Initial Public Offering (IPO)?
We are experienced in deep-dive research that utilises publicly available data from places most people would not even know to look. When we have conducted deep research into companies wanting to list on the ASX in the past, we have often found they leave important details out of the information they provide to the public.
In the case of franchising, they can omit information about international growth, such as, entry into to countries that failed, stagnation and/or a decline in store numbers.
When researching Retail Food Group via our advocacy entity Franchise Redress in 2017/2018, we observed that 138 stores in the Gloria Jean's brand were unaccounted for when compared to the total number of stores published by RFG. One of many anomalies in their numbers that we observed.
Consider us for non-financial due diligence before investing. Our founders helped research and expose some of Australia's biggest franchising scandals.
Published: 10 July 2021
Disclaimer: This was compiled and prepared by Diligence Research Pty Ltd (Diligence Research). The information was collected using qualitative data collection techniques, with all research sources believed to be reliable. No representations or warranties (expressed or implied) are made by Diligence Research or their representatives, to its accuracy, completeness or correctness. Views, ideas, opinions and estimates contained within, stand as Diligence Researchs judgment as of the date of this post. Nothing in this constitutes legal, financial or investment advice, and it has been prepared without regard to individual financial circumstances or objectives of those who receive it. Diligence Research does not accept liability whatsoever for any direct or consequential loss arising from any use of this information.