EML is not a BNPL stock, page-220

A broker call from 22nd sept 20. The broker and its digital arm had no position in eml at that date.

The EML share price is down 2% right now and it has fallen 20% since the end of August 2020 and it’s down 35% from 10 June 2020.It provides gift cards and other similar products. There are general purpose reloadable cards, gift and incentive cards and virtual card account numbers.You’d think that the mass closure of retail stores would be fairly bad news for EML’s physical gift cards segment, but its other divisions could make up for that.In FY20 it saw group revenue rise 25% to $121.6 million and underlying EBITDA grew 10% to $32.5 million.The PFS acquisition was a really smart move and getting it for a cheaper price was a wise move.I think the ASX share is more resilient than some investors think and over the long-term I think it has attractive growth prospects, particularly once COVID-19 fades into history (hopefully sooner rather than later).
Id like to also mention our balance sheet of 100 mil.
Im not offering advice , just making the point that EML actually makes a profit . Why this gets overlooked is frankly beyond me. One of those great mysteries. Lol.
I acknowledge how concerned some may be seeing red.