Is Openpay profitable?
Openpay Group isn’t currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Shareholders of unprofitable companies usually expect strong revenue growth.
How many customers does open pay have?
An Active Customer growth rate of 123% (vs pcp) was achieved at an aggregate level across all merchant verticals, and Openpay finished the quarter with 461k Active Customers.
Is OPY a good stock?
Price To Earnings Ratio
PE vs Industry: OPY is good value based on its PE Ratio (3.5x) compared to the US Capital Markets industry average (14.9x). PE vs Market: OPY is good value based on its PE Ratio (3.5x) compared to the US market (17.7x).
Is Opy a buy now?
Openpay Group Ltd (OPY) is a payments technology company that offers a buy now, pay later (BNPL) product and is headquartered in Melbourne, Australia.
The Openpay Group Ltd [ASX:OPY] share price is down today after its quarterly update revealed top-line growth but operating cash losses.
What are the merchant fees for open pay?
Retailers pay fees from 1.75 per cent through to 9 per cent for services, such as high cost dentistry procedures. Customers pay no interest but are charged a “plan management fee” for each repayment, late payment fees and an account fee for big purchases.
Is Openpay in the USA?
Openpay provides services to, payment processors, merchants, and their customers in Australia, New Zealand, the United Kingdom, and in the United States, where it operates under the brand name Opy.
Is my pay now on the ASX?
Despite raising $35 million from its IPO and floating on the ASX, Zebit does not actually operate in Australia but rather focuses operations in the US, where it offers BNPL services to customers with six months to make interest-free repayments.