Oracle Financial Services

Has been trying to analyze the company after recent runup as it has become > 10% of my PF.

https://www.globenewswire.com/en/news-release/2023/12/19/2798350/0/en/Core-Banking-Software-Market-Size-Share-Growth-Analysis-2030-With-CAGR-of-18-4.html

Looks like this still has a long-runway ahead. Reports predict 9.3-18.4% growth in core banking software till 2030.

Also, OFSS has only 6.5-8% market share based on above reports.

Another +ve point is that OFSS has insignificant market share in US which is 50% of global market. OFSS is likely to gain market share supported by its parent.

https://www.kansascityfed.org/research/payments-system-research-briefings/market-structure-of-core-banking-services-providers/

Given above scenario, OFSS can easily clock 10-12% of revenue and 15% of profit growth for next decade.