christos is a big apt supporterApt did 48 million loss 2019 and...

christos is a big apt supporter

Apt did 48 million loss 2019 and in 2020 it did 99 million loss
Apt margin is 4.5 percent of TTV even though it's meant to have a better pay in 4 cycle of debt

Zips is 7.5 percent margin of TTV

Each customer zip has generates signifantly.higher revenue than APTS (higher basket purchase)
Quadpay put on as many customers as Afterpay in the last 4 months off less app downloads (has a higher app download to customer conversion; ie customers like the quadpay app more than Afterpays so actually become a customer)
I am confident with zips higher margins, its revenue model generates fees off both customers and merchants; the two parties who benefit from a transaction.
Afterpay still final to charge one half of the equation of the beneficiaries, putting all the load onto merchants. This cannot and will not last with regulatory all but warning a fixed merchant fee is coming.
At this point Afterpay will.not be able to enforce their higher fees on merchants. Zip that charges 4-5 percent to.merchants and an accounting fee to users who maintains a balance each month understands their is a cost to money. Afterpay with its model does not understand this concept.
Looking at the top 4 bnpl; Klarna, affirm, Afterpay and zip; Afterpay have the lowest revenue per TTV of any of the big 4.
Affirms losses halved last year. Afterpays more than doubled to 99 million (0.9 percent of receivables)

My money is on Zip, Klarna, and Affirm to generate the highest profits as they are already making the highest margins and also.offer the highest revenue per employeeetric by a long way.

afterpay is grossly over priced and it's not leading in any metrics other than share price appreciation. The metrics of their business aren't supporting the gross inflated shareprice.
Take one look at affirm.market cap to see that.

Christos back to apt thread for you. Your arguments don't stack up. Never did.