Hey mate, I suppose there are a number you could use but I find for BNPLs the enterprise value/revenue multiple to be pretty good, noting that if IOU can show their other revenue streams are strong it will strengthen the overall investment. As their peers in this space are all growing at high rates and many are loss making, revenue multiples are pretty good at trying to compare across similar companies. The next reports will really help with understanding how strong their other businesses may be.
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