High Gross MarginAn 82% gross margin indicates the firm's core VAT consultancy and software-linked services have low direct costs and strong pricing power. This structural profitability at the gross level provides room to invest in sales, technology, and training to scale margins once operating expenses are controlled.
Sustained Revenue GrowthConsistent mid-teens to double-digit revenue growth demonstrates ongoing demand for VAT compliance and advisory across retail, e-commerce and logistics. Structural drivers—complex tax regimes and digital transaction growth—support continued client acquisition and recurring fee opportunities over the medium term.
Diversified Fee-Based ModelMultiple revenue streams—fee-for-service consulting, training programs, and commissions from technology partnerships—reduce single-client concentration risk and enable cross-selling. This structural diversity supports more stable, recurring revenues and improves resilience to sector-specific slowdowns.