Its all about whats left over not how much sales, sales doesn't mean anything if your expenses are high
But its statutory loss ballooned to A$159.4 million ($115.66 million) from A$22.9 million a year earlier, This is a 6 fold increase of losses from the previous year. The sector will never make money if it relies on BNPL, this is why APT merged and are relying on other ways to make money, they are lucky they got this merger or take over from square.
ZIP also made double the loss to around 106 million
- Forums
- ASX - By Stock
- APT
- Ann: FY21 Results Announcement
Ann: FY21 Results Announcement, page-42
-
- There are more pages in this discussion • 81 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add APT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO & MD
Anthony Noble
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online