Agreed, Discover would have known the numbers prior to investing in Sezzle and factored the bad debts (last two QTR’s) as short term digestion.
Sezzle (who I think has great investor relations), has had to put out a simplified presentation assuming to addrejss the overreaction by the market.
Zip’s bad debts had also increased during the recent QTR reporting.
But increase of 3.4% (bad debts) against UMS does not warrant a 15% drop IMO.
- Forums
- ASX - By Stock
- SZL
- Ann: Second Quarter Results Presentation
Ann: Second Quarter Results Presentation, page-12
-
- There are more pages in this discussion • 105 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)