Business
ASX 200 rises 0.2%, Afterpay reports FY20 result – Motley Fool Australia
The S&P/ASX 200 Index (ASX:XJO) went up by around 0.2% today. Afterpay Ltd’s (ASX:APT) share price rose 0.5% after reporting the FY20 result.
The S&P/ASX 200 Index (ASX: XJO) rose by 0.16% today to 6,126 points.
It was another busy day of reporting today with plenty of good growth numbers.
Buy now, pay later (BNPL) business Afterpay released its FY20 result today.
Total underlying sales grew by 112% to $11.1 billion. Afterpay said it has an annual run rate of over $15 billion per annum, based on FY20 fourth quarter trading. Active customers increased by 116% to 9.9 million and active merchants went up 72% to 55,400.
The gross …
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