Special?
Nothing at all special about this. Still blaming COVID for lower cash NPAT.
They’ve called “generic BNPL” dead and declared that it is heading into the abyss.
I can only assume that is going to be the end of the road for bundll and also little things in the new international markets. I actually think they are positioning themselves to target big things, credit cards and build the commercial now.
Commercial seems to be their clear focus though.
There’s no pain. But it feels like there’s also no gain…
Ann: 2022 Annual Report, page-3
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