How does any business increase profit??? By providing a better service or product. Reducing overheads and debts. Increasing prices. You do realise that basically every business on Afterpay would have sales of anywhere from 10%-70% in store multiple times a year. The idea of them handing over $10 for a $100 purchase is still minuscule considering the item most likely wouldn't have been purchased if Afterpay wasn't available. 10% is nothing mate. I'm no ramper, I'm a positive shareholder trying to figure out how this business will operate over time.
APT Price at posting:
$7.32 Sentiment: Buy Disclosure: Held