Just announced this morning. Anyone want to have a crack at how this bodes for APT....??
Key Highlights for 1H FY19
• Record revenue, $34.2 million, up 114%* • Record transaction volume, $495.2 million, up 110%* • Loan book (receivables) of $489.0 million, up54%fromJune2018 • More than 1 million customers on the platform and over 12,500 merchants • Strong credit performance with net bad debts 1.81%, down from 2.61% at June 2018, supported by our marketing-leading decision technology • Major Australian retailers continue to join the platform – Bunnings Warehouse, Target, Officeworks and Super Retail Group, with Chemist Warehouse in 2H FY19 • Delivered rapid growth across all key drivers whilst achieving positive Cash EBTDA of $2.4m, a significant improvement on pcp
APT Price at posting:
$17.44 Sentiment: Buy Disclosure: Held
