>Question is, what is IDSB FY21 PBT? They did not disclose.
Yes, they did.
The Malaysian finance economy was somewhat down over the last year - you may have heard of the "credit moratorium"? Brilliant time to try to purchase them.
>Cash loaned/receivable of A23m is used to generate income and should NOT be used as working capital
My point being simply that the cash is not gone.
Start worrying about cash when they pull the 5 month term.
>what do you think how they will fund FY22 operating costs?
Operating costs have dropped significantly, and if you read the 4E, they note that the purchase of IDSB came with considerable regulatory costs.
Ann: IOU Provides Mid September Quarter Update on BNPL Business, page-31
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