HUM 2.27% 45.0¢ humm group limited

Ann: hummgroup 1Q22 business update, page-27

  1. 281 Posts.
    lightbulb Created with Sketch. 51
    does anyone else report Nett Loss/Receivables?

    When an investor looks at an update and the numbers that stand out are
    Net loss (gross write offs net of recoveries) of $24.0m in 1Q22, up 9.3% and reflects growth
    in receivables
    • Net loss / average net receivables in 1Q22 of 3.4%, down 10bps on pcp

    it does not surprise me the SP is going nowhere. Don't recall seeing any of these in APT/Z1P/SZL updates. To a casual investor that just reads bad.

 
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