Are LFS are the only BNPL style company actually turning a profit? Obviously different goals in mind here however I would think a profitable company should be more attractive than an organization consistently losing money.LFS
Statutory net profit after tax (NPAT) was$89.5 million, up 524% Cash NPAT hit $121 million, up 81%, and. Aninterim dividend of 7.85 cents was announced.
Afterpay
Australian tech success story Afterpay has reporteda net loss after tax of AU$159.4 million for the 12 months to 30 June 2021.Total revenue was up over the year prior by 78% to AU$924.6 million, as thebuy-now, pay-later (BNPL) firm reached 16.2 million customers and 98,200merchants on its platform.24 Aug 2021
Zip
Zip reported $403.2 million in revenue for FY2021, along withtransaction volumes of $5.8 billion and a cash gross profit of $198million, it still recorded a net earnings loss of $22.9 million for FY21
LFS where from here?, page-12
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Last
$1.15 |
Change
-0.010(0.86%) |
Mkt cap ! $1.195B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.15 | $1.12 | $53.52K | 46.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2173 | $1.15 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 9496 | 1 |
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| LFS (ASX) Chart |