$38k total bad debt divided by $560k quarterly bnpl revenue matey = 7%
Don't let the 0.16% sugar coated number blind you freddy
Even if you took the best way to look at this, they had circa $1.3mil bnpl revenue year to date divide and factor in $38k bad debts that is 3% bad debts for every bnpl revenue made.
Ann: March Quarterly Activities Report, page-6
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