Ann: ZIP CEMENTS ITSELF AS A TRUE GLOBAL BNPL LEADER, page-438

Good luck to you!

However, I've heard your spill numerous times from many many others even in the late 90s and 2000 during the dot.com bubble, during the GFC, etc. There's always some justification straw to hold on to the ridiculous PE's for example. Just look at APT's PE!

That's 2,639.02PE! Just in case it hasn't sunk in to year head. Even if APT had HUGE market growth and HUGE growth in revenue over the next 5-7 years there's NO way they can cover that multiple!

Businesses NEED to make money! Period! Businesses are NOT about Market Caps, they're about selling something to earn money, to earn a living. Currently APT is earning 2,639.02x LESS its current valuation.

"BNPL addresses multi Trillion dollar TAMs"... Heard of Visa? They've been doing that for decades, AND they are ALL tech. Nothing new. What's VISA's PE?
It is you guys who are new and think somehow a hundred+ years of market history of booms and bust cycles don't apply to your "BNPL" sector.

History hasn't been proven wrong yet. If within 1-3 years we don't see an APT PoP or Tesla PoP or Affirm PoP; then you are laughing and I stand educated. Time will tell.