Moneysupermarket.com (MONY) is a very profitable business with a strong market position. It may find it harder to keep growing its profits but investors should be able to benefit from steady income returns over the next few years.
The business
Moneysupermarket is the UK’s largest price comparison website. Its business aims to save people money on essential household and personal bills by giving them access to price comparisons and the ability to switch and buy products. In doing so, it gives the companies that provide the products and services an easy way to acquire customers. Moneysupermarket had 13.1m active customers in 2019 and saved them an estimated £2bn.