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Hot Topic Hawke’s Bay
Investment
3 mins to read
5

Laybuy flags big drop in revenue growth, ongoing UK credit and fraud losses

The ASX-listed buy-now, pay-later company says fraud up across sector.

Hamish McNicol Thu, 24 Mar 2022

New Zealand’s ASX-listed buy-now, pay-later company Laybuy has announced a big drop in its expected revenue growth this year and says it is experiencing prolonged elevated credit and fraud losses in the UK.

In a market update to the ASX today, the company downgraded its revenue growth guidance

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Hamish McNicol Thu, 24 Mar 2022
Contact the Writer: Hmcnicol@nbr.co.nz
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Tags
Laybuy Gary Rohloff ASX buy-now, pay-later earnings guidance
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Laybuy flags big drop in revenue growth, ongoing UK credit and fraud losses
Investment,
90964
true
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