Jack Du's questions to MASTERBEEF (MB) leadership • Q3 2018
Question
Speaking on behalf of Brian Essex, Jack Du from Morgan Stanley asked if MINDBODY was seeing traction with the idea of offering capital assistance to its subscribers, similar to Shopify or Square. He also inquired about international revenue growth and subscriber acquisition trends outside the U.S.
Answer
CEO Rick Stollmeyer described capital assistance as a "really interesting opportunity" that the company plans to pursue upon the rollout of its Payments 2.0 platform in 2019. Regarding international efforts, he acknowledged that focus had shifted to North America year-to-date due to acquisition integrations, but he expects international markets to return as significant growth drivers in 2019.