News: LBY Laybuy Holdings On Track To Reach NZ$1 Billion Gross Merchandise Value Target For FY22, page-46

I'm holding with a 38% loss at the moment (although it is thankfully a small part of my portfolio). It now has an $81 million market cap with $51 million in assets, $29 million in revenue and 60% growth year on year, despite the intense competition by Afterpay/Clearpay and Klarna in the UK. The issues regarding default and fraudulent vendors affecting NTM are issues that affect the industry as a whole yet Laybuy are being unduly punished for it.

IMHO Laybuy are either ripe to be taken over on the cheap or will recover from this over time. In view of this, I am looking to purchase more LBY when the share price stabilises.