Sorry to say mondyinvest, I rushed my earlier post. These announcements are at best informative. Unless they trend strongly at this stage to profit I would be dead against the word "positive". This is why the price has tanked and is in slight rebound with many shs sitting on losses. They are "necessary but by no means sufficient" to be called positive. Here below, are those announcements since May you have talked about. The only interesting one is the Appendix 4E which shows more losses for the quarter (I give only a superficial reading to this). This is why the price has gone south.
Fortunately we are at the start of our BNPL journey and just maybe, the artifical numbers of TTV and NTR will eventuate imply profit.
And given bellwether, Afterpay, has not yet given sh an accounting profit, I would seriously think the industry will not be labelled long term as BNPL, and instead be nearer normal banking in the end. When I think Visa etc I don't think banking even though there is a very strong connection. I am hopeful that IOU will climb into Visa's position.
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