So just to add to this, there were a few other key items in the...

So just to add to this, there were a few other key items in the report that I think are very important:
1) p4 Cashflow Analysis - "To date the company has no non-performing loans"
This is hugely significant - I mean they're only a few months in, but to have no, or at least a negligible amount of bad debts, is incredible. Klarna/APT/Affirm/Zip/Sezzle all run huge bad debt balances as a product of their growth strategies - if IOU can achieve 50% - 100% QoQ TTV growth and run minimal bad debts, they will be an absolute standout in this space.

2) The company still achieved 26%+ growth between the two half quarters with the following occurring:
- RMS and iPay88 aren't fully operational - their merchant growth has been very strong without these major boosts fully active yet.
- COVID affected both IOU's outbound marketing and merchant activations, plus consumers being able to go out and shop in-person.
- Enterprise retailers (Sengheng etc) only came online in Q2, ie not factored into Q1 growth.
So the forward-looking question is how much more turbo-charged will their growth be in Q2 and beyond now these items are to be factored in?

3) IDSB business growth - did people see the loan balance and revenue growth from IDSB? If they can continue to growth this business at at a good rate the $40m investment could well be worth double or triple at some point in the medium term. For perspective, our current market cap is only $140m...

4) Factoring in the profit figure from IDSB, IOU is likely cash-flow positive and maybe even profitable at the moment. Again if they can achieve 50%-100% QoQ growth while being cash-flow positive, this is a huge positive.

I think No.1 above needs more attention - the other BNPLs had a strategy to growth their platforms and user bases as fast as possible and in doing so incurred massive bad debt losses. It is a real standout that IOU is not having a similar experience, but still growing TTV very strongly.

I'm going to write to investor relations to ask that the company provides a mid-quarter update on TTV metrics etc - not in a whingy whiney way, but just to say that the company needs to communicate these very strong positives to the investor community - if we have to wait until 8pm on 31 January 2022 for the next update on TTV I think the share price could well be 15c -20c for no other reason than in silence people just eventually move on. I would encourage other investors to reach out to them for a mid-quarter update also.