Ann: IOU Provides Mid December Quarter Update on BNPL Business, page-3

  1. 18,568 Posts.
    lightbulb Created with Sketch. 3438
    So iou made circa $195k in fees as bnpl revenue but they need to writeoff about $250k in uncollectible bnpl loans.

    That means they are actually losing net $55k in cash. Thats not good...
 
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