OPY 0.00% 19.5¢ openpay group ltd

Ann: Quarterly Update and Appendix 4C, page-3

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  1. lp2
    503 Posts.
    lightbulb Created with Sketch. 57
    These guys are simply hilarious.

    If there was an award for dressing up financial results they would win every time. It’s not 2020 or 2021 financial fairyland anymore.

    $14 million NEGATIVE cash flow for the quarter and virtually no growth in merchants and customers means there is no way out of this hole.

    The real cash and facilities available is a quarter or maybe two and the CR won’t touch the sides.

    Broken business model that cannot work.





 
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