Without exploring different avenues, which correctly as you...

Without exploring different avenues, which correctly as you said, are unlimited with such a large customer base I was looking at latest announcement of ZIP and AfterPay and extrapolating some numbers:




So if only existing ZIP customer (1,4 was the customer base as of 30 Oct announcement latest estimate is ~1,7M) will increase their average to APT users and I do not see any reason why this scenario will not materialize with the Amazon Bunnings etc. it is a up 17% organic increase in the transaction volume and subsequently in the revenues number. If you then add on acquisitions, customer base growth, Black friday, Chrissy boxing day, Amazon AU growing double digit, Bunnings top Australia retailer, I think it will be a solid Quarter. Looking at 40-45M$ revenues anything above will be extraordinary. Remember Q120 was 31M and Q219 was 19,2M.

With average monthly spend of ~1500$ with credit card per person in Australia and with BNPL at ~100$/month this is where next growth sprout is coming from: consolidation and credit card market share. So we are looking at x5 x10 growth potential assuming same customer base just using ZIP at a more realistic range.

JUST IMO...DYOR and accumulate ;-) not financial advice.