Ann: Wisr delivers 280% Revenue Growth for FY21, page-12

One of my take outs from the presentation this morning was that the 'core' lending business was profitable in FY21 (refer slide 9), in addition to the whole business being cash flow positive in the final month of the year. As in any growth business, there is a need to continually invest in new products and the marketing of same. It is the size and quality of the loan book that is the primary driver of the value of a lending business, and $1bn is less than 2 years away (and with it the likely increase of the SP to ~75c). Why should we care about profit at this time?