If all costs stay as it is and no bad debts they will need to increase their Bnpl gross transactions per month from current $2mil a month to about $10mil per mth or $30mil a quarter, a 500% uplift to make up the -$1mil per month cash burn assuming 10% net ttv margin on bnpl gross transactions.
So no they no where near cash positive yet.
Their QoQ growth are in the 20% to 30% range only.
Anyone want to prove my numbers are wrong?
Ann: December 2021 Quarterly Report and Business Update, page-52
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