APT 0.00% $66.47 afterpay limited

Oh dear.A $76.5 million first-half attributable net loss,...

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    Oh dear.

    A $76.5 million first-half attributable net loss, compared to a loss of $28.9 million a year ago.

    Total comprehensive loss of $128.3 million, from a loss of $31 million last year.

    This is a company going backwards on earnings and whilst underlying sales rose nicely, its net income only $372 million, well under expectations.

    The company will be in a trading halt until Monday due to a capital raising.

    Priced for more than perfection and coming up short.
 
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Currently unlisted public company.

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