Klarna is set to fail. Openpay is not showing a path to profitability. They have less than 8 months until they promised a profit and can't even tell the market how close they are.
Draw a chart of losses for the last 18 months by month and show the pace that losses are closing. If it continues to drop, investors may believe in the story. It's simple for all except for Openpay who is begging for additional facilities which means additional interest which means profit erosion.
OPY Price at posting:
20.0¢ Sentiment: Sell Disclosure: Held
