Did any other HC posters listen into the webinar this morning?
My observations:
Low losses from Finance product due to QFE's professional customer reimbursing any unpaid amounts by person finaced
There is a 'longish' tail for the Finance product due to the interest revenue revenue being spread out over the load / advance duration.
No planned equity raising and none needed for the business going forward. A Cap raise would only occur if QFE was to buy business.
It sounded like they are anticipating close to EBITDA break even in the 2H June24FY - or maybe by the end of this financial year (June 2024).
The US CEO sells a good story on the strategy to build the business.
It all is heading in the right direction.
Any observations from others?
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