Shares in YoY have rallied 10% since the company raised AUD30m ( nearly 10 per cent ) in a recent IPO. The company, which has leases on 21 properties – 16 of which are in Melbourne and four in Sydney – estimates annual profit though June will be 72% higher YoY at AUD9.3m from increased revenue of AUD45m (+53%). Victory’s market cap is AUD89.6 Victory says that by 2030, 30 per cent of commercial office space will be defined as flexible. " m. It competes with Regus, Servcorp, WeWork and the Executive Centre , the 83 biggest players in Sydney ’s flexible office space market which is dominated by Regus with 83 locations – 21 the market.
Shares in YoY have rallied 10% since the company raised AUD30m ( nearly 10 per cent ) in a recent IPO. The company, which has leases on 21 properties – 16 of which are in Melbourne and four in Sydney – estimates annual profit though June will be 72% higher YoY at AUD9.3m from increased revenue of AUD45m (+53%). Victory’s market cap is AUD89.6m. It competes with Regus, Servcorp, WeWork and the Executive Centre , the 83 biggest players in Sydney ’s flexible office space market which is dominated by Regus with 83 locations – 21 the market.