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Ann: March Quarterly Activities Report, page-6

  1. kevin103
    15,901 Posts.
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    29/04/22
    12:30
    Post #: 61099645
    $38k total bad debt divided by $560k quarterly bnpl revenue matey = 7%

    Don't let the 0.16% sugar coated number blind you freddy    rolleyes.png

    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.
    Last edited by kevin103: 29/04/22
    IOU Price at posting: 15.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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