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this is a misleading comment.For one from a revenue perspective,...

  1. 136 Posts.
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    this is a misleading comment.

    For one from a revenue perspective, currently Quadpay only has 1.5mn customers. APT has >5mn in US. Given each business model, with APT on 6% margins and QP on 2%, a customer needs to transact 3x just to remain level with APT (this also excludes the cost of funds then being 3x longer on loan receivable balance). Assuming APT isn't currently overvalued also, we'd need either the average customer to be 3x more active than the afterpay customer to maintain the same revenue growth or we need 15mn customers (3x APT customers) to just be on same level as them.

    PBH also isn't a 'tech stock'
 
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