OPY 0.00% 19.5¢ openpay group ltd

Ann: Openpay Q3 FY22 Trading Update, page-18

  1. 9,221 Posts.
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    Noticed how they are giving Australia 15 months until making a profit. They said 12-18 months in Dec21. So far the worst possible scenario and give it another 6 months and they'll say profitability expected in 12 months, further delaying the statement.

    It's similar tripe about imminent activity in the US that doesn't eventuate. I don't know how anyone believes these guys!

    Profit is a dream for BNPL and the US is a dream carrot for scale that never commences.
 
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