Ann: IOU Provides Mid December Quarter Update on BNPL Business, page-15

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    The only reason I highlight a lack of growth is because without growth they can’t get scale, and without scale they can’t get debt funding. Without debt funding they will have to keep asking shareholders for cash, and the whole thing stagnates.

    This was from April, now seven months ago:

    https://hotcopper.com.au/data/attachments/4881/4881646-f732c781dfbe287e592f51dd0a144c6b.jpg
 
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