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Laybuy makes a $51m loss

Buy now, pay later company upbeat about its prospects despite the red ink.

Alex and Gary Rohloff, co-founders of Laybuy.

Maria Slade Tue, 31 May 2022

Buy now, pay later provider Laybuy has seen a worsened net loss of $51.6m for the year to March.

This compares with a loss of $41.3m in 2021, its first year as a publicly listed company.

However, revenue was up 45% to $47.1 million, based on strong growth in gross merchandise value (GMV), a measure

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Laybuy makes a $51m loss
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