One highlight for me that late fees as a % of revenue had dropped to 9%.
the media and general downrampers have constantly attacked apt for its late fee revenue. even the recent asic review highlighted the amount of people paying late fees as a huge negative for the bnpl industry!
this drop to 9% is exceptional news and show the quality of apt customers is improving substantially.
The self cleansing of subprime customers is working an absolute treat!
APT Price at posting:
$134.36 Sentiment: Buy Disclosure: Held
