APT 0.00% $66.47 afterpay limited

Ann: Business Developments - Updated Version, page-30

  1. 4,250 Posts.
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    How does it matter if someone is based in eastern Sydney or Heaven. 


    I compare with BIG for following reason because APT announcement is similar to BIG.


    In Today announcement there is no detail about revenue , profit or impairment.

    Last Year they had huge impairment reason being they loan out without proper credit check.


    They didn't make a single dollar last year in Australia .They had a loss of 10 million


    The SP can even go to $50 remember how much high the SP of 1PG and BIG reached. Surfstich was another business I remember


    There emphasis is on scaling up the business . How can they scale up the business when it not making money in  Australia.

    See screenshot below.


    https://hotcopper.com.au/data/attachments/1411/1411899-c33a5a501a65739814faafb20a88389c.jpg



 
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