Richard White

WiseTech’s results and share price are a giant F You! to the short-sellers who predicted the software giant’s death in 2020

- February 23, 2024 3 MIN READ

About this time four years ago, China-based analyst and short-seller J Capital took its third stab at ASX-listed WiseTech Global with a report headlined “WiseTech may be the first corporate death from Covid19”. This week the logistics software company (ASX:WTC) was very much alive and kicking with its share price hitting an all-time high, above $90,… Read more »

Ruslan Kogan and David Shafer.

She’s Apples: Ruslan Kogan wants his ASX-listed retail business valued like a software company after $25 million loss

- August 22, 2023 4 MIN READ

Shares in online retailer fell nearly 14% in early trade on Tuesday after the company revealed sales had fallen 28%, revenue dropped 32% and the business posted a 26% fall in gross profit for the 2023 financial year. The statutory net profit after tax (NPAT) loss was $25.9 million an improvement on FY22’s $36.2… Read more »

SafetyCulture founder and CEO Luke Anear

Miffed SafetyCulture boss Luke Anear flags US move because he doesn’t like the words Australian media use to cover company losses

- November 8, 2022 3 MIN READ

As red ink goes for tech companies, SafetyCulture did ok last financial year, posting a cash loss of $35.5 million in the 2022 financial year, up around 50% on FY21’s $23 million loss. Last week Nasdaq-listed Atlassian revealed its results – a A$52 million operating loss for the September quarter. ASX-listed BNPL Zip Co posted… Read more »


The small detail in Zip’s results that spell out the longer term challenge for BNPLs

- March 1, 2022 3 MIN READ

Zip shares fell 7.7% following resumption of trade on Tuesday after the company announced a $491 million all-scrip takeover of US BNPL Sezzle. The merger, offering a 31.7% premium on Sezzle shares based on the 30-day volume weighted average price, is another sign of an expected consolidation of the crowded BNPL market following Square’s takeover… Read more »


Business lender Prospa’s latest results suggest small business is getting back on track

- October 30, 2020 3 MIN READ

 • Total originations of $80 million in 1Q21, up 265% on 4Q20 • Originations, excluding loans originated under the Government’s Guarantee Scheme, up 107% on previous quarter • Annual portfolio yield of 31.5% maintained • Significantly reduced loan deferrals with 1,681 accounts in ANZ on full or partial deferral Fintech Prospa (ASX: PGL) has seen… Read more »


Artists e-commerce startup Redbubble’s shares have soared as it posts another profit

- October 24, 2019 2 MIN READ

Redbubble CEO Barry Newstead. Photo: supplied ASX-listed online marketplace Redbubble, which sells t-shirts, mugs and art by independent artists, has seen its revenue jump 37% to AU$70 million in the first quarter of FY2020, posting a massive turnaround in its profitability on 12 months ago. Shares in the business (ASX: RBL) have doubled in value… Read more »