Wisr needs to charge at about 10% to breakeven so the model only works on personal loans.
3% borrowing costs
1% bad debts
6% opex
They have less than 1% of the personal loans market so there's plenty of room to take market share off the big boys.
On their $1B Loan Book their best case scenario is targetting $20m NPAT so depending on valuation would at least double market cap perhaps more.
Wisr needs to charge at about 10% to breakeven so the model only...
Add WZR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $49.37M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.6¢ | 3.6¢ | $15.15K | 420.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 240531 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 14373 | 1 |
View Market Depth
| Last trade - 14.40pm 29/05/2024 (20 minute delay) ? |
|
|||||
|
Last
3.6¢ |
Change
-0.001 ( 2.70 %) |
||||
| Open | High | Low | Volume | ||
| 3.6¢ | 3.6¢ | 3.6¢ | 120050 | ||
| Last updated 11.19am 29/05/2024 ? | |||||
| WZR (ASX) Chart |