Not really... See Prospa with a much bigger debt warehouse. Lending is not priced at a high multiple, and even lower over the last few months. It's a difficult sector with limited scale. It is the software and payment side that may bring the SP to much higher level. The DW will provide the cashflow that is needed to build further, and that's good. But not enough. Spenda must grow the revenues that are not aligned to lending. Well, that's what shareholders should want anyway.
It's just the beginning for Spenda!, page-1431
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