Hey Dylan, it was a 38/1 split in May 2023.
Company has not raised capital since July 2020, so yeah I think the valuation was over aud$2b for a short time into 2021. But fintech valuations in 2021 were considered inflated so imo better to look forward than backward.
This is why it's worth researching some of the peers mentioned above because hundreds of millions of dollars from investors has been put into some of those companies recently, e.g. usd$200m invested in Tabby in October 2023 and usd$200m in Tamara just a few days ago.
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