April 14 (Reuters) - Afterpay Ltd (APT) : GLOBAL UNDERLYING...

April 14 (Reuters) - Afterpay Ltd (APT) :

• GLOBAL UNDERLYING SALES FOR FY20 YTD GREW BY 105% COMPARED TO FY19 YTD
• AFTERPAY INCOME MARGINS FOR MARCH AND FOR FY20 YTD ARE HIGHER THAN H1 FY20
• Q3 FY20 GLOBAL UNDERLYING SALES GREW BY 97% COMPARED TO Q3 FY19
• GROSS LOSSES (GROUP) FOR MARCH ESTIMATED TO BE ABOUT 1.0% (UNAUDITED), IN LINE WITH H1 FY20
• GLOBAL UNDERLYING SALES IN H2 OF MARCH VERSUS H1 OF MARCH WERE 4% LOWER
• ACTIVE CUSTOMERS TOTALLED 8.4M GLOBALLY AT END OF Q3 FY20, REPRESENTING 122% GROWTH ON PCP
• ONLINE SALES IN MARCH REPRESENTED 88% OF TOTAL GLOBAL UNDERLYING SALES
• MARCH UNDERLYING SALES ACROSS ALL MARKETS STRONG WITH AVERAGE DAILY UNDERLYING SALES UP 12% ON JAN & FEB
• AT THIS TIME, WITHDRAWING PREVIOUSLY STATED OBJECTIVE OF 9.5MLN CUSTOMERS BY 30 JUNE 2020
• AUSTRAC STILL CONSIDERING INDEPENDENT AUDITOR'S REPORT, CO CONTINUE TO FULLY COOPERATE WITH AUSTRAC
• AMBITION TO EXCEED UNDERLYING SALES MID-TERM TARGET OF ABOUT $20B BY FY22, NTM OF 2% REMAINS IN PLACE
• UNDERLYING SALES IN ANZ MARKET ABOUT 57% OF TOTAL GMV IN Q3 FY20

Source text https://reut.rs/3a1cuzq

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