‘WE ARE THE VERB’: Afterpay’s sales and customers double, but it still posts a loss
FY20 global Underlying Sales increasing 112% to $11.1 billion Run rate of over $15b per annum (based on Q4 trading). EBITDA $44.4m, up from Fy19’s $25.7m Net transaction loss $22.2m, down 48% on $42.8m in FY19 Gross loss as a % of underlying sales improved to 0.9% from 1.1% Underlying sales contribution from international markets… Read more »