WISR Ltd V.WZR

Primary Symbol: WSRLF

Financial Services Credit Services

Wisr Limited is an Australia-based neo-lender company. The Company provides a collection of financial products and services. The Company is engaged in writing personal loans and secured vehicle loans for three, five and seven-year maturities to Australian consumers, and funding these loans through the warehouse funding structures. It provides a Financial Wellness Platform underpinned by consumer finance products, the Wisr App. The Wisr App helps Australians pay down debt, multiple credit score comparison services and Australia’s first money-coaching app Wisr Today. Combined with content and other products that use technology to provide better outcomes for borrowers, investors, and everyday Australians. The Company’s products include loans, credit scores and round up. Its credit score is a summary of financial habits, and helps lenders get to know its customers. Its loan products include debt consolidation loans, car loans, medical loans and others.

OTCPK:WSRLF - Post by User

WISR Ltd

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Comment by swanvestaon May 11, 2012 6:47pm

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Post# 19901357

RE: RE: Financing....

You mention production, but only allowed a 'net' figure of $10m. However WZR are still recovering costs so they should be getting the gross amount - the CFO mentioned cashflow of $80m pa, which would be over $25m since Jan, and $6-7m pm ongoing. I presume that means somewhat less than $55m may be recoved from the Garmian 3rd party, but that's only fair.

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