* Average age is 32
* 2m active customers in FY18
* Repeat transactions: 92% of total transaction volume
* Average customer purchases over the past 12 months was $1.1k (and increasing)
* 95% of instalment payments received in FY18 did not incur late fees
Afterpay is becoming a regular payment method for millions of people. I envision that in the near term, 9 out of 10 online retail purchases that I and a lot of other people make will be done via Afterpay instead of card, Paypal, etc. It's easy and why not spread out your payments even though you have the money to pay in full.
APT Price at posting:
$16.18 Sentiment: Buy Disclosure: Held
