This is what the flux I'm brand and Justin and a Friday the twenty first of March. It's been a.

This is what the flux I'm brand and Justin and a Friday the twenty first of March. It's been a.

Good year for airlines, Juzzy boy, but even better for airports. Get this one. Sydney, Melbourne, Brisbane and Perth Airports made a combined one billion dollars in operating profit last financial year. That one is up seventy five percent on the year before.

Good year for airlines, Juzzy boy, but even better for airports. Get this one. Sydney, Melbourne, Brisbane and Perth Airports made a combined one billion dollars in operating profit last financial year. That one is up seventy five percent on the year before.

Gold plated drinking fountains. Something can be man, I hope, So fox am fifty bucks in your pocket? You know the drill. It's our weekly quiz quick Sticks where you can win fifty bucks just by answering three business or finance questions correctly. To make sure to download the app turn your notifications on if you want to whip that money.

Gold plated drinking fountains. Something can be man, I hope, So fox am fifty bucks in your pocket? You know the drill. It's our weekly quiz quick Sticks where you can win fifty bucks just by answering three business or finance questions correctly. To make sure to download the app turn your notifications on if you want to whip that money.

Three truly enlightening stories today, Judsey Boy for our first. Maya has seen its net profit tank by forty percent in its most recent half as the new CEO focuses on resetting the business.

Three truly enlightening stories today, Judsey Boy for our first. Maya has seen its net profit tank by forty percent in its most recent half as the new CEO focuses on resetting the business.

The easiest way to justify poor results be man, We'll go through a football style rebuild. So what is the story here?

The easiest way to justify poor results be man, We'll go through a football style rebuild. So what is the story here?

Okay? So, Maya has been a mainstay in this strain in fashion and retail market ever since its first door opened in nineteen hundred. There's the Mya Ambassadors, the Meya Christmas windows, and of course the my clothing yep. But somewhere along the way, Maya's brand and business fell by the wayside.

Okay? So, Maya has been a mainstay in this strain in fashion and retail market ever since its first door opened in nineteen hundred. There's the Mya Ambassadors, the Meya Christmas windows, and of course the my clothing yep. But somewhere along the way, Maya's brand and business fell by the wayside.

In fact, the Man in early twenty twenty, MEA's market cap had fallen from a high of two point two billion dollars when it first listed, and.

In fact, the Man in early twenty twenty, MEA's market cap had fallen from a high of two point two billion dollars when it first listed, and.

Had fallen all the way down to two hundred and thirty seven mil in December twenty twenty.

Had fallen all the way down to two hundred and thirty seven mil in December twenty twenty.

But the Man Maya hired and U CEO back in June twenty twenty four, and she's been planning a big, big turnaround.

But the Man Maya hired and U CEO back in June twenty twenty four, and she's been planning a big, big turnaround.

Unfortunately for Maya, though these things might take a bit of time.

Unfortunately for Maya, though these things might take a bit of time.

Yeah My warned that its net profit was down by nearly forty percent in the most recent half.

Yeah My warned that its net profit was down by nearly forty percent in the most recent half.

But it's even worse than that because when you take out the accounting compairments, the profit was down one hundred and ninety five percent.

But it's even worse than that because when you take out the accounting compairments, the profit was down one hundred and ninety five percent.

All good, though, investors don't worry about these results because we're part of a reset period.

All good, though, investors don't worry about these results because we're part of a reset period.

The fact is, juzyboy, the investors do, in fact care because Maya's share price dropped by more than five percent.

The fact is, juzyboy, the investors do, in fact care because Maya's share price dropped by more than five percent.

The good news though by Man, the Maya one loyalty program is supposedly firing, So what's the key learning Hereally, programs are powerful tools for driving repeat business, but they aren't exactly a silver bullet now, Jazzy Boy.

The good news though by Man, the Maya one loyalty program is supposedly firing, So what's the key learning Hereally, programs are powerful tools for driving repeat business, but they aren't exactly a silver bullet now, Jazzy Boy.

At face value, Maya's loyalty program looks strong. Seventy nine percent of sales now come from its Maya one members, of which.

At face value, Maya's loyalty program looks strong. Seventy nine percent of sales now come from its Maya one members, of which.

There are four point six million members across Australia.

There are four point six million members across Australia.

Sounds pretty down good. But there is a butt coming, isn't there?

Sounds pretty down good. But there is a butt coming, isn't there?

But Meyers generating most of their revenue from loyal customers and still seeing flat sales and declining profits.

But Meyers generating most of their revenue from loyal customers and still seeing flat sales and declining profits.

So Jazzi Boy, Meyer's problem isn't loyalty, it's member spending.

So Jazzi Boy, Meyer's problem isn't loyalty, it's member spending.

In other words, being Man, Meyer's members are sticking around, but they aren't spending enough.

In other words, being Man, Meyer's members are sticking around, but they aren't spending enough.

And this is a major red flag because it looks like the loyalty program is kind of working.

And this is a major red flag because it looks like the loyalty program is kind of working.

But it's not actually driving a jumping transaction value or purchase frequency. It's actually needed to boost their profits.

But it's not actually driving a jumping transaction value or purchase frequency. It's actually needed to boost their profits.

And investors clearly voting with their feet because Meyer's share price is down forty one percent since January. Just this year.

And investors clearly voting with their feet because Meyer's share price is down forty one percent since January. Just this year.

Hikes for our second story, Google has announced its largest acquisition in history, acquiring cybersecurity startup Whiz for thirty two billion year U s dollars.

Hikes for our second story, Google has announced its largest acquisition in history, acquiring cybersecurity startup Whiz for thirty two billion year U s dollars.

Holy smoker, ronis not bad for a four year old company, Jazzy boy, What is going on here?

Holy smoker, ronis not bad for a four year old company, Jazzy boy, What is going on here?

Okay? So, Whizz was founded back in twenty twenty and he's one of the fastest growing startups of all time.

Okay? So, Whizz was founded back in twenty twenty and he's one of the fastest growing startups of all time.

Is an Israeli company that's New York based and sells security tools that protect information stored in data centers.

Is an Israeli company that's New York based and sells security tools that protect information stored in data centers.

And we know the data centers are the second hottest word right now behind AI.

And we know the data centers are the second hottest word right now behind AI.

So juz wait. Google has now announced its acquisition of Whiz for thirty two billion US dollars.

So juz wait. Google has now announced its acquisition of Whiz for thirty two billion US dollars.

And this is Google's largest acquisition by a country mile.

And this is Google's largest acquisition by a country mile.

The next biggest is Motoroller Mobility in twenty eleven for twelve and a half billion US dollars, which it no longer owns the man. Wiz currently works with others like Amazon and Microsoft in the cloud market too, but it's possible that Google will make the tech exclusive for Google customers in the future. And interestingly, this isn't Google's first interaction with Wiz.

The next biggest is Motoroller Mobility in twenty eleven for twelve and a half billion US dollars, which it no longer owns the man. Wiz currently works with others like Amazon and Microsoft in the cloud market too, but it's possible that Google will make the tech exclusive for Google customers in the future. And interestingly, this isn't Google's first interaction with Wiz.

Nope. Last year, Google tried to acquire Wiz for twenty three billion US dollars, but they rejected the offer.

Nope. Last year, Google tried to acquire Wiz for twenty three billion US dollars, but they rejected the offer.

So now Google's having a second bite of their cherry and this time it's been successful, but paying forty percent more than its original offer and thirty times Whizz's four future revenue.

So now Google's having a second bite of their cherry and this time it's been successful, but paying forty percent more than its original offer and thirty times Whizz's four future revenue.

So what is the key leny here?

So what is the key leny here?

When big companies by smaller ones, they often assess value using a multiple of revenue or a multiple of earnings.

When big companies by smaller ones, they often assess value using a multiple of revenue or a multiple of earnings.

For example, when Microsoft acquired LinkedIn, it was for eight point seven times their revenue.

For example, when Microsoft acquired LinkedIn, it was for eight point seven times their revenue.

And into it acquired Mailchimp for about a fifteen times multiple on their revenue.

And into it acquired Mailchimp for about a fifteen times multiple on their revenue.

But in this case, the man alphabet is paying thirty times Whiz is forecast at future revenue of one billion dollars, or roughly sixty times their existing revenue.

But in this case, the man alphabet is paying thirty times Whiz is forecast at future revenue of one billion dollars, or roughly sixty times their existing revenue.

Because Whiz is growing like wildfire.

Because Whiz is growing like wildfire.

Yep, It's one of the fastest growing startups of all time according to the Wall Street Journal.

Yep, It's one of the fastest growing startups of all time according to the Wall Street Journal.

Top of that, cybersecurity tools are in very high demand right now.

Top of that, cybersecurity tools are in very high demand right now.

So be man. Sometimes buyers will pay a premium when they say strategic value.

So be man. Sometimes buyers will pay a premium when they say strategic value.

Like Google securing a partner that also works with its two biggest cloud rivals.

Like Google securing a partner that also works with its two biggest cloud rivals.

Remember when Meta acquired WhatsApp for nineteen billion US dollars in twenty fourteen.

Remember when Meta acquired WhatsApp for nineteen billion US dollars in twenty fourteen.

Yep. At the time, WhatsApp was believed to be earning about thirty million bucks in annual revenue.

Yep. At the time, WhatsApp was believed to be earning about thirty million bucks in annual revenue.

It was a huge risk, but eventually a huge payoff, because WhatsApp generated one point three billion revenue in twenty twenty three.

It was a huge risk, but eventually a huge payoff, because WhatsApp generated one point three billion revenue in twenty twenty three.

Google's hoping Whiz will follow.

Google's hoping Whiz will follow.

A similar part For our third and final story, KFC and Pizza Hut's parent company, Young Brands is teaming up with Nvidia to implement AI ordering in the drive through lanes.

A similar part For our third and final story, KFC and Pizza Hut's parent company, Young Brands is teaming up with Nvidia to implement AI ordering in the drive through lanes.

Ordering fast food is about to get even faster. Juzzy boy, tell me more.

Ordering fast food is about to get even faster. Juzzy boy, tell me more.

Okay, So, Young Brands is one of the largest fast food companies in the world. We have sixty one thousand stores in over one hundred and fifty countries.

Okay, So, Young Brands is one of the largest fast food companies in the world. We have sixty one thousand stores in over one hundred and fifty countries.

That's a whole lot of frieda, chicken and pizza. Yep.

That's a whole lot of frieda, chicken and pizza. Yep.

And now be Man. Young Brands is teaming up with Nvidia to all that it's fancy AI in drive through.

And now be Man. Young Brands is teaming up with Nvidia to all that it's fancy AI in drive through.

This was not on anyone's Bingo card, to be honest, but we're all here for it.

This was not on anyone's Bingo card, to be honest, but we're all here for it.

Basically, be Man. The focus will be on order taking, but rather than a high pitched sixteen year old taking your order, it will be an AI bot taking your food.

Basically, be Man. The focus will be on order taking, but rather than a high pitched sixteen year old taking your order, it will be an AI bot taking your food.

They'll also be using AI to count the number of cars in the drive through, and that will help employees.

They'll also be using AI to count the number of cars in the drive through, and that will help employees.

Manage the queue more efficiently.

Manage the queue more efficiently.

But AI won't be taking over Australian drive throughs just yet. They've only begun piloting this new tech in some US restaurants.

But AI won't be taking over Australian drive throughs just yet. They've only begun piloting this new tech in some US restaurants.

So what is the key learning here?

So what is the key learning here?

AI and technology are the hottest new recipes on the hospital retality menu. We know that the restaurant industry has super tight profit margins. For example, the net profit margin for a casual dining restaurant generally sits around five to seven percent when things are good.

AI and technology are the hottest new recipes on the hospital retality menu. We know that the restaurant industry has super tight profit margins. For example, the net profit margin for a casual dining restaurant generally sits around five to seven percent when things are good.

And fast food chains do a little bit better, with their profit margins sitting between six and ten percent roughly.

And fast food chains do a little bit better, with their profit margins sitting between six and ten percent roughly.

So it makes sense that the hospitality industry is always on the lookout for ways to optimize their services and cut costs where they can. The pandemic supercharge the use of QR codes in restaurants.

So it makes sense that the hospitality industry is always on the lookout for ways to optimize their services and cut costs where they can. The pandemic supercharge the use of QR codes in restaurants.

Now b man AIS entered the chat and it will be interesting to see how restaurant profit margins will change by automating all the really repetitive tasks and potentially removing some of the staff costs flux ammy. If you want to keep up the weekend with fifty bucks to spend on yourself, maybe on your partner, or on your friends. There is only one place to win it. It's in the Flux app. Every Friday, at a random time, we'll send a notification. If you're the first person to answer that three business or finance questions correctly, you'll win the fifty bucks to make sure to download the Flex app and check it out.

Now b man AIS entered the chat and it will be interesting to see how restaurant profit margins will change by automating all the really repetitive tasks and potentially removing some of the staff costs flux ammy. If you want to keep up the weekend with fifty bucks to spend on yourself, maybe on your partner, or on your friends. There is only one place to win it. It's in the Flux app. Every Friday, at a random time, we'll send a notification. If you're the first person to answer that three business or finance questions correctly, you'll win the fifty bucks to make sure to download the Flex app and check it out.

Thanks for listening and we'll see you on Monday.

Thanks for listening and we'll see you on Monday.