Ann: FXL - Full Year 2020 Trading Update, page-4

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Andrew Abercrombie, Chairman of flexigroup said:

“This is a strong result, which has seen humm become the only BNPL product which has produced both profits and growth in exceptionally challenging economic circumstances. Balance sheet debt was also reduced during the period notwithstanding the growth in the business.“The successful execution of our transformation strategy by the Management Team over the last twelve months has seen flexigroup become one of the largest interest free instalment providers in Australia and New Zealand, with 2.1 million customers and 56,000 merchants. The record customer and retailer numbers experienced over the course of FY20 also put flexigroup in a strong position heading into FY21, supporting future volume growth across our products.”