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MNY

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$3.15 money3 corporation limited

Money3 risks and revenue model, page-22

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Cheapy

355 Posts.

29/05/18

22:06

Post #: 33361173

Originally posted by Tattiebinger ↑

$ figures are in Notes to the accounts in the AnnualReports (e.g.. page 35 of FY17 Annual report Note 6: Loans and other receivables). You can then convert these into a percentage of the book. Here's what I have for the last few years:

Column 1 Column 2 Column 3 Column 4 Column 5

1 {colgroup}

2 {col=310x@}{/col}{col=span:4 75x@}{/col}

3 {/colgroup}

4 FY14 FY15 FY16 FY17

5 Loan receivables outstanding- overdue less than 1 month 81.8% 80.1% 65.9% 66.3%

6 Loan receivables outstanding- overdue 1-3 months 12.7% 13.9% 16.8% 26.2%

7 Loan receivables outstanding- overdue 3-6 months 3.6% 3.3% 10.6% 3.8%

8 Loan receivables outstanding- > 6 months 1.8% 2.7% 6.6% 3.6%

Expand

Given these percentages, what's the real problem here? Loan receivables > 6 months are still small, so receivables are being collected rather than written off.

MNY Price at posting: $1.93 Sentiment: None Disclosure: Held

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	Column 1	Column 2	Column 3	Column 4	Column 5
1	{colgroup}
2	{col=310x@}{/col}{col=span:4	75x@}{/col}
3	{/colgroup}
4		FY14	FY15	FY16	FY17
5	Loan receivables outstanding- overdue less than 1 month	81.8%	80.1%	65.9%	66.3%
6	Loan receivables outstanding- overdue 1-3 months	12.7%	13.9%	16.8%	26.2%
7	Loan receivables outstanding- overdue 3-6 months	3.6%	3.3%	10.6%	3.8%
8	Loan receivables outstanding- > 6 months	1.8%	2.7%	6.6%	3.6%

Money3 risks and revenue model, page-22

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