1 Main Capital's Yaron Naymark on some general investor skepticism with $IWG.L thesis

• IWG is the largest co working flex office company in the world, with brands like Regus, Spaces, HQ signature and The Lights
• The company has been profitable and has grown through a capital light strategy of managed and franchise models
• The stock is currently undervalued, with potential for significant growth in earnings and free cash flow from the managed business in the upcoming years

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