OVT 25.0% 0.3¢ ovanti limited

Ann: December 2021 Quarterly Report and Business Update, page-3

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    lightbulb Created with Sketch. 3140
    MYIOU 2.0 launch pushed back to April - June 2022.
    Zero non-performing loans so far for IOU which is a positive.
    Future cash receipt is circa $6mil being $5.2m merchat payout + Dec qtr TTV of $600k = $6mil
    So $15mil + $6mil bnpl receivables is their net cash if no bad debts in the $6mil


    https://hotcopper.com.au/data/attachments/4040/4040631-acded32aefbf63cd0302cb20c9db254e.jpg
 
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