Afterpay’s actual revenue though, its net transaction margin, is only two per cent of that – about $220 million. And the percentage has been falling.
On that revenue, it’s claiming earnings before interest, tax and depreciation of $20 to $25 million – which means it’s likely to report a bottom-line loss.
https://thenewdaily.com.au/finance/finance-news/2020/07/13/afterpay-share-price-bubble-pascoe/
SHare Purchase plan at $66 tomorrow Or Buy at Market, page-179
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