Ann: Q2 FY22 - Zip momentum continues, page-99

IMO any insto' s consider taking a position as apt is no longer a pure sector play will love those numbers.

As ANZ more mature market 43% QoQ transaction growth on 3% customer growth indicates to me current customers who are proven payers love it over credit cards! While the 3% is a disappointment this I suspect might be loss of focus from management as to busy with international growth? Therefore will probably pick up again. That said transactions is were most of zips money comes from.

The other thing that insto's will like over apt is the account fee, loyal customers using the service more equals a more financially secure business than last year, IMO.

Not happy with growth numbers slipping below 100% while predictable and expected with maturing businesses might take some shine off with regard to any Nasdaq listing. Larry IMO missed an opportunity this time last year as he should of organised Nasdaq listing then instead of inviting shorting houses to destroy shareholder wealth via BOA deal.

The Board has to tap him on the shoulder for not putting shareholders wealth first and foremost in his priorities!

Apt management will be looking for a challenge.