Alternative Metrics, page-3590

For starters is the fact that APT doesn't believe its a credit provider, so their accounts are "skewed" and reported as a "fintech". It would be interesting to see APT's accounts reported "like for like" so to speak with some of their BNPL peers.

"due to better than expected debt collection" you wrote. How does APT manage their debt collection? IMO whether their collectibles are better or worse is purely in the hands of their consumers willingness/ability to re-pay their instalments.