Kelly Partners Group Holdings Ltd (ASX:KPG)
A$ 7.53 -0.26 (-3.34%) Market Cap: 350.55 Mil Enterprise Value: 423.92 Mil PE Ratio: 92.97 PB Ratio: 15.92 GF Score: 75/100

Full Year 2020 Kelly Partners Group Holdings Ltd Earnings Call Transcript

Aug 21, 2020 / NTS GMT
Release Date Price: A$1.18 (+7.27%)
Operator

Hello, and welcome to the 2020 Financial Results Call for the Kelly Partners Group Holdings. (Operator Instructions)

I'd like to now hand over to the CEO and Chairman of Kelly Partners, Brett Kelly. Brett, please go ahead.

Brett Kelly
Kelly Partners Group Holdings Limited - Founder, Executive Chairman & CEO

Good morning, and welcome. Thanks very much for joining us this morning. I'm pleased to present our third year results of the listed company in August 2020. It's been a journey and I appreciate those of you who have walked that path with us.

The overview of the company is on Page 3. And I'd just like to call out a number of matters there. Firstly, we continue to stick to operating in one very clear and very large addressable market. And that's the Australian accounting services market targeting SME, small and medium-sized enterprises, of which there are 38,000 of those in Australia. That market for accounting services is at least $12.5 billion, and we are now at $46 million, only 0.4% of that market. And I've stressed that as -- for those

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