SWP 2.94% 16.5¢ swoop holdings limited

Ann: FY23 Annual Report, page-4

  1. 805 Posts.
    lightbulb Created with Sketch. 79
    2022 they had 32mil they lost their cash and now borrowed 18mil at very high rate to keep things going..

    they scaled up too fast not enough customers plus too many loss making low end customers. if it keeps going like this they have to sell, merge or raise cash.

    https://hotcopper.com.au/data/attachments/5803/5803242-4022997ad7e7262d8cb9d127d3be3f22.jpg








 
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