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Ann: Half Yearly Report and Accounts, page-6

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chadhuncho

933 Posts.

119

06/04/22

19:24

Post #: 60697586
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Originally posted by dude342: ↑

This was floated on the back of an AI system that assesses business health and reduces risk. It was THE key pillar of the program.

If scaled to a $1b loan book they are sill underwater. There is no business here.

On current burn, out of cash in 6 months. Who would be insane enough to top them up.

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Hop on TrustPilot and read their reviews, they offer a very low rate compared to other lenders. Probably to get word of mouth that there is cheap credit available here. If they could properly monetise and be cashflow positive, it would go places.

PHL Price at posting: 6.8¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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Ann: Half Yearly Report and Accounts, page-6

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