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Ultimately, cash flow trumps profit, so it pays to understand the accounting standard controlling cash-flow statements

Homeserve has a very profitable business model, but the decision to invest heavily in Checkatrade is not guaranteed to pay off and could dilute its profits growth in the US

Become a better investor with Phil Oakley’s insights into company annual reports - the most important document in any investors' toolkit

The rise of artisan brewing is the latest in a long line of consolidation triggers affecting the licenced trade

UK investors might still have nightmares about exposure to low liquidity companies due to Neil Woodford, but a duo from Zebra Capital say it could be its own investment style

YouGov shares look very expensive, but they deserve to be. It is a quality growth stock that may continue to defy the valuation sceptics

How to navigate the post-Covid-19 world, as told by the investment bank

Recent increases in stock markets can be justified by large flows of money and low interest rates. That is not the same as saying the good times will last

Pubs were generally poor investments before the lockdown. Nothing has changed

Not all great businesses have high profit margins. US retail giant Costco has used low profit margins to become one