Ann: Half Year Accounts, page-12

It would be a positive - their tightened credit policy results in reduced losses, which is a good thing. Income to the company rose 6% from $53.4 mil to $56.9 mil. Net interest expense rose 27.3%, general and admin expense rose 89.9%, Marketing and advertising rose 242%, Third party, tech and data rose 80.9%, transaction expenses rose 21.5%. It all depends upon whether you think that this company (and the sector) is going to be able to harness the hearts and minds of consumers and merchants, in which case these businesses might make money. If not, they are on the road to a hiding. DYOR