Apart from the Quadpay write down they lost circa $300 million in cash this year.
This is quite simply not correct. In FY21 Zip incurred the following non-cash expenses:
Quadpay acquisition adjustment $306m
Quadpay intangible write off $43m
Loss on financial instruments $78m
Share based payments $143m
Total $570m
In response to @Goodfella58
Ann: FY21 Investor Presentation, page-28
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