Shawn Burns is Solve the Riddle

  CAR GROUP FY25 RESULT FY25 results saw revenues 8% higher, and NPAT was 10% higher. These numbers were 3% higher in revenues and in line at the NPAT level than my expectations. Growth results across all business geographies. Perhaps Asia is a little soft; reinvestment was the reason given. Interestingly, for the group, the international businesses are growing faster than the legacy Australian business, but Australia has higher margins, so this growth sees group margin dilution, at least at this stage. CAR always makes a song and dance about added features with the secure C2C payment and Autogate, the dealer tool assistant perhaps standing out. CAR has made a mission of implementing anything that works across the global empire, which was a justification for the acquisitions. Some work well, some don’t transplant that well. investment is aimed at making the transaction as frictionless as possible for private and dealers. CAR also showed the ability to take price, which is p...

  MSFT Q4 2025 RESULT SUMMARY The FY result exceeded both my revenue and NPAT numbers by 1%. MSFT is an unusually stable and predictable company. The commentary was both bold and focused on the Intelligent Cloud segment with detail on the progress MSFT is making to dominate the growth and proliferation of multi-agent market across the enterprise customer base. MSFT is uniquely positioned due to existing client integrations to capture a large share of this market and appears to be very proactive in doing so. The investment requirements are large, and the integration skills and marketing are complex. The growth in cloud/AI profitable business is encouraging the company to aggressively expand its cloud business. MSFT regards the opportunity as generational. The other segments were covered in a cursory way. A deeper coverage will be provided under the template as MSFT is a large top 10 position in the fund.   Satya Nadella CEO All up, Microsoft Cloud surpassed $...