Ann: March Quarterly Activities Report, page-44

I think that explains what you mentioned about the ambiguity in IOU's statement about bnpl.

They are expanding but not expanding bnpl ?

Best move I think would be for IOU to just keep bnpl at these levels or dial it back abit, ie: no growth - and then rein in costs to get bnpl profitable if at all possible at current scale level.

Next would be to focus on other business segments like their in house digital payment processing division - grow that as it was almost profitable on its own before bnpl came along - it didn't have much costs and had high margins of 20% -30% from memory.

Also IOU should launch new financing solution products with IDSB that commands higher margins and lower costs.

And the wild card DBL ... IF