LFS where from here?, page-12

Are LFS are the only BNPL style company actually turning a profit? Obviously different goals in mind here however I would think a profitable company should be more attractive than an organization consistently losing money.

LFS

Statutory net profit after tax (NPAT) was$89.5 million, up 524% Cash NPAT hit $121 million, up 81%, and. Aninterim dividend of 7.85 cents was announced.

Afterpay

Australian tech success story Afterpay has reporteda net loss after tax of AU$159.4 million for the 12 months to 30 June 2021.Total revenue was up over the year prior by 78% to AU$924.6 million, as thebuy-now, pay-later (BNPL) firm reached 16.2 million customers and 98,200merchants on its platform.24 Aug 2021

Zip

Zip reported $403.2 million in revenue for FY2021, along withtransaction volumes of $5.8 billion and a cash gross profit of $198million, it still recorded a net earnings loss of $22.9 million for FY21