@bas10 The results highlight major flaws in the business model. Even if they achieve an EBITDA of $35 to $40 million on $269.4 million in revenue, generated from a massive $3.4 billion in TTV, the margins are extremely thin.Even if they were to double both revenue and EBITDA, there still wouldn’t be much of an NPAT. The operating leverage simply isn’t there and at this scale profitability remains underwhelming.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$3.14 |
Change
0.010(0.32%) |
Mkt cap ! $4.053B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.20 | $3.10 | $41.92M | 13.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14000 | $3.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.15 | 73084 | 7 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| ZIP (ASX) Chart |