Recurring SME Fee-for-service ModelKelly Partners’ core business is recurring fee-for-service accounting and advisory delivered via a branded network of practices. This model creates durable, predictable revenue streams, high client retention and cross-sell opportunity, supporting stable cash flows and long-term service demand.
Programmatic M&A Engine And Geographic ExpansionA repeatable acquisition program expands scale, captures practice ownership economics and diversifies revenue across geographies. Programmatic M&A accelerates revenue run-rate, broadens client reach and builds centralized uplift opportunities that can sustainably raise per-share earnings if integration is executed.
Strong Cash Conversion And High Operating MarginsHigh EBITDA margins combined with ~101% cash conversion and strong ROE indicate efficient operations and excellent cash generation. Durable cash flow supports reinvestment in software/AI, funds M&A without immediate equity dilution and underpins per-share growth over multiple reporting periods.