But who are these customers?At 31 December, $422,777 worth was...

But who are these customers?

At 31 December, $422,777 worth was in default. Losses were expected to be $257,543.

Don't get excited about customer numbers if they are just taking on subprime shit to get customer numbers up that will eventually be a write-off.

The prospectus said "The Company currently provisions 4.5% of the principal amount to not be recovered.".
The current allowance is 21%. Alarm bells should be ringing.