The Motley Fool Singapore
How Does MindChamps Preschool Ltd Make Money?
MindChamps Preschool Ltd (SGX: CNE) has the pole position in terms of market share for premium range preschools in Singapore. For investors who are looking to invest in MindChamps, it is essential for them to know how the company brings in the revenue. Buying shares in the company without such knowledge is being foolish (with a small “f”). With that, let’s look at the revenue contribution of each of MindChamps’ business segments for 2017: Source: MindChamps 2017 annual report The Education Business segment is where MindChamps houses its company-owned and company-operated (COCO) centres that provide premium child care, education, and learning-related services for preschool children. In 2017, this segment accounted for 62.7% of MindChamps’s total revenue of S$22.8 million. Under t