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Actually just had time to look at most recent OpenPay figures...

  1. Prestonian
    3,660 Posts.
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    06/02/23
    17:01
    Post #: 66100900
    Actually just had time to look at most recent OpenPay figures and they had borrowings at 31 December of nearly $112m. That's an insane amount to maintain given their revenue for the quarter was only $10m. Compare the two companies below to see totally different sized/scaled businesses for the Dec qtr (SZL figs are rough based on on monthly summaries):

    https://hotcopper.com.au/data/attachments/5031/5031033-433fe2a63507b2298d17e17eb077201b.jpg




    SZL Price at posting: 65.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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