Yeah afterpay is also poorly managed they are generating 40 percent less revenue per ttv dollar than competition, they are generating significantly less revenue per employee also suggesting the hype of afterpay has resulted in management over hiring and not running a streamlined business.
noone at this forum has been able to explain why so far i understand they are charging 4-6 percent of sale to merchants plus 30c per transaction which is twice what competition is charging so that's going to catch up with them too
its run too high compared to its revenues. A 20x revenues puts this at about 11 billion mkt cap and a share price of about 45
APT Price at posting:
$85.02 Sentiment: Sell Disclosure: Not Held