NBC, the company makes money from various sources and business lines but I can tell you that they make a Lot of extra money from 'weather events' that occur.
Like Cyclone Debbie, the weather event in Melbourne prior to Xmas and now the ongoing water damage and flooding in Qld ! .... with this Qld event alone I can tell you that the company will make a lot of money.
They are in the right space with more and more insurers jumping on board and having JLG look after their claims.
The weather is changing and we now get frequent events in Australia (Floods, storms, winds, hail) and this seems to only be increasing.
So whilst these revenues are once-off, there will be a lot of these once-offs which should add to their bottom line.
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