Ann: Q3 FY22 Results Presentation, page-8

Bleeding money at the seams and trying to sell as a continued growth story. NZ just about to start ratcheting up rates after terrible CPI and the most affected will be Their customer base, the ones that cant afford. Already the largest growth part of their book is their losses as a % of GMV.
Their overheads are way too high, advertising and marketing $13.4m in 9 months, staff $9.3m. What the ... 120 staff all earning over 100k a year. Or a small number paying themselves like kings whilst they try and plunder the commoners.

CR imminent. I have serious doubts over whether this one will survive.