A few key takeaways for me:
Cash and cash equivalents actually increased QOQ. Assume there is some cash trapped in the warehouses as a first loss that is included in the restricted cash:
The number of quarters runway has increased substantially from 27 Quarters as at 31 December 2020 to 54 quarters as at 31 March 2021. This shows the warehouse leverage is kicking in quickly:
March 2021 4C
December 2020 4C
Feels like the inflection point is showing through in the numbers.
Ann: Wisr Grows Revenue by 275% on pcp, page-7
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