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Laybuy reduces losses by a third, material uncertainty remains

Buy-now, pay-later company confident it will be first in the sector to achieve ebitda profitability after posting $14.9m loss.

Buy-now, pay-later company shares at A5.9c after listing at A$1.41 in September 2020.

Buy-now, pay-later company Laybuy says it is on track to hit ebitda profitability in March next year after posting a first half after tax loss of $14.9 million.

The ASX-listed company reported its results for the six months ended September 30 today, showing a 22% increase in income to $25.9m.

Its

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Hamish McNicol Tue, 29 Nov 2022
Contact the Writer: Hmcnicol@nbr.co.nz
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Laybuy reduces losses by a third, material uncertainty remains
Investment,
96845
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