This payment solution business has outperformed the largely followed BNPL names in 2021 and its FY21 result released in late August has justified the stock’s performance:
- Transactions increased 26% to over $25bn taking revenue up to $238.5mn.
- The companies net loss was down to $29.8mn but the company does hold $172.8mn cash on its balance sheet.
The companies well positioned for the looming removal of lockdowns and a big Christmas for the average shopper, we see new highs in the next 6-months.