Yet another BNPL outfit bites the dust: Laybuy collapses [Yahoo! Finance]
Houlihan Lokey, Inc. Class A (HLI)
Last houlihan lokey, inc. class a earnings: 2/3 04:15 pm
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Source: Yahoo! Finance
It also raised $27m back in 2021 to target the UK market. At the time, Laybuy Managing Director Gary Rohloff told RBI that the firm had already experienced strong growth in the UK. “This capital raise is an important step for Laybuy. It enables the company to continue its strong momentum and to capitalise on the significant growth opportunity in the UK market. We believe this will maximise shareholder value in the longer term.” He then told RBI in a video interview in 2021: “We have a path to profitability and the base to continue to grow in our existing markets.” He never found that path. Last January, Laybuy announced plans to delist from the Australian Securities Exchange (ASX) after its value plummeted. Laybuy market value dipped by +98% And then last February, in another video interview with RBI, Rohloff shrugged off the market hammering and said there would be no change in strategy. By April this year, Laybuy's value on the junior Catalist exchange had dropped to $5.4m
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HLI
Earnings
- 5/8/24 - Beat
HLI
Sec Filings
- 6/28/24 - Form 144
- 6/17/24 - Form 3
- 6/4/24 - Form 4
- HLI's page on the SEC website