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Wisr CFO Andrew Goodwin explains WZR Q4FY23 results 

Wisr's CFO, Andrew Goodwin speaks to ausbiz on the company's Q4FY23 results, highlighting an increase in operating cash flow and EBITDA, and reduced OpEx by 21%. 

Andrew elaborates on the successful strategies adopted by Wisr to improve cash flow, amidst challenges in the broader macroeconomic environment. He notes the company's positive operating cash flow and EBITDA where it managed to sustain its revenue despite a steady level of loan origination volume.

Regarding the company's loan book, Wisr's loss rates have remained flat quarter on quarter, demonstrating Wisr's financial responsibility.

Andrew also addresses the company's methods to handle the ongoing interest rate challenges and accommodates the needs of its investors, in light of potential upside surprises in the second half of the year.

How Wisr is benefiting from rising rates