Ann: Openpay furthers US focus and accelerates AU profitability, page-50

One very important highlight for H1 is NTM of 2.9% for ANZ

- Q1 FY22 was 1.3% for the ANZ + UK ($73M ANZ + $29M UK TTV)
- Q2 FY22 was >4% estimated ($87M ANZ + $XM UK TTV + $XM US TTV)
I want to see a split of NTM by Geography for full transparency.

ANZ was about 70% of Group TTV, so it's probably about 60% now after the US launch.
Either way, these numbers are very impressive and the best they have ever reported in the last 2 years.

The key figure that everyone cares about is cash holdings @ 31 Dec 2021. If this is >$20M, we have light. If less, a CR is imminent. Watch this space.

Parting ways with Michael must have been due to a material breach of his contract (otherwise he'd have 6 months notice). I'd be interested to know what happened. The Board should give us more clarity.