ZIP 2.34% $1.46 zip co limited..

Daily Price Movement / General Discussion, page-40965

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    I'm at a loss as to why you would recommend another BNPL when it's quite clear none of them have a path to profitability.

    Affirm is on target to lose $1 billion this year and even Klarna with years of experience and systems lost significant amounts

    After losing SEK1.41b (~A$216m) in 1H21, they lost another SEK1.12b (~A$172m) in 3Q21 and that was after a tax benefit of SEK606m (~A$93m) for the quarter. For Q3, credit costs were 32% of operating revenue. Operating revenue remains stuck at 2% of GMV.

    Courtesy of @Andredamus1
    Last edited by Goodfella58: 15/12/21
 
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