30% drawdown at end?, page-8

It's not so much what I think of banks as it is what banks think of me!
The "groundbreaking" Neo card from Commbank is a classic example of the banks trying to compete with BNPL and failing miserably. Why? because it was clearly seen as an opportunity to gouge customers with higher fees on their "interest free" card that one would pay on a regular credit card. Based on their demonstrated egocentricity rather than being customer centric, I have no doubt that the banks will be unable to replicate what APT is doing to threaten its growth or business.
As far as APT not making a profit - read the reports to understand how this business works, and what growth costs.