Yes that has been the case so far. What is materially different...

Yes that has been the case so far. What is materially different and evident to the market since it's report is the depth of the major rationalization of the business and it's disposals to reduce debt and risk. Further we can assume after the US fed comments yesterday that they will stop rate increases by Nov /Dec . There r signs of recession already in the US and economists expect rate drops for a not great 2023. People will still use bnpl even if times get worse but rather then discretionary purchases they use it for more basic stuff
At two and hopefully three dollars next year the share price will be a long way from it's heights but it's not the armegeddon collapse many thought would happen.