TLC News: Lottery (ASX:TLC) Has More To Do To Multiply In Value Going Forward - 13th Aug 2024, 7:09am

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Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Having said that, from a first glance at Lottery (ASX:TLC) we aren't jumping ou...

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