It's not a weird narrative, it's an old joke from the dotcom days (and maybe earlier). How can you possibly make profit 'on volume' if the unit sale is a loss?
The example you gave has profit per unit sale (5% - 4%). The company is in loss because of other expenses which, one hopes, will go down over time.
I think BNPL does have a future, it's just a matter of figuring out who will survive. Some of the smaller players may be a bigger prize as a buyout target. Right now the field is wide open and it all looks like a gamble. I am tempted to take a punt on LBY because they are the APT of NZ and are a good target for a buyout (if they don't run out of cash meanwhile).
Chart - Z1P, page-5863
-
- There are more pages in this discussion • 10,838 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.74 |
Change
-0.048(2.66%) |
Mkt cap ! $1.960B | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.78 | $1.72 | $34.73M | 20.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 349322 | $1.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.74 | 138632 | 41 |
View Market Depth
| Last trade - 12.30pm 19/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |