BNF
🚀 The Polish company’s stock has shown incredible performance, achieving more than a 6x return over the last three years.
💳 Its main product, the MultiSport card, offers extensive access to gyms, spas, and even go-karts, often provided as a low-cost or free employee benefit.
🤔 Despite its success and high value proposition to users, the business model’s profitability mechanism remains intriguing and somewhat unclear to the speaker.
@Academiadeinversion:
“Another company, you know Paco, that you should look at besides Plaxi is, and you’ll like this one because it’s also Polish. Tell me, it’s Benf? I don’t know if you know it. It sounds familiar, the name sounds familiar, I don’t know from what, but it sounds familiar. It’s a Polish company. Of course, it has done incredibly well. In the last 3 years, it has done more than a 6x return, and it’s a company that, ah, has something that, well, along with other things I imagine, sells something called MultiSport, which I finally got today and it activates tomorrow. All my colleagues here in Sofia listening will laugh now because they all have it too. It’s a card that I don’t understand how it makes money. What fascinates me is that it provides so much value and the company makes money and does so well. I don’t understand it because it’s literally a card, normally paid for by the company, it’s a benefit they give. Almost all foreign companies here give it, and basically, you either get it for free or you have to pay practically €10, and basically with that, you have access to everything in sports and fitness. So, all the spas, all the gyms, I can even go to the karts, everything included, I don’t have to pay anything. There are discounts on massages, a ton of discounts on things, and I don’t have to pay for a gym ever again. And I don’t understand it. Even if I wanted one on my own, it’s €45 a month. I don’t understand how it can work. It’s super interesting.”
Watch the exact part of the video where @Academiadeinversion talks about Benefit Systems SA here:
Watch the video on YouTube
Read more articles analyzing Benefit Systems SA (BNF) at the following link. BNF stock.
