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Link Administration Holdings (ASX:LNK) Cash Receipts from Deposits by Banks and Customers


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What is Link Administration Holdings Cash Receipts from Deposits by Banks and Customers?

Cash Receipts from Deposits by Banks and Customers only applies to banks.


Link Administration Holdings (ASX:LNK) Business Description

Industry
Traded in Other Exchanges
Address
680 George Street, Level 12, Sydney, NSW, AUS, 2000
Link derives its revenue primarily from providing administration services to the financial services sector in Australia, and the share registry and investment fund sectors in the U.K. The company is the largest provider of superannuation administration services and the second-largest provider of share registry services in Australia. Link's clients are usually contracted for between two and five years. The customers are relatively sticky, resulting in a high recurring revenue. The capital-light business model means cash flow is relatively strong.