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$1.25 zip co limited..

clearly you dont know how to value a business though in laymans...

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jimmyz82

503 Posts.

87

12/05/24

20:56

Post #: 73787304
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Originally posted by Tekvest: ↑

They use EBTDA, which is not widely used in Accounting, reasoning that Interest is their stock in trade. The term was drawn from New York real estate developers who necessarily have big interest costs as part of their business model. The usual term is EBITDA and you will see ZIP mention EBTDA while all observers automatically convert that to EBITDA (as do their spell checkers). ZIP could probably achieve EBITDA in a few years if everything came up smelling like roses, but then take interest out, which is a necessary evil to finance almost $2.5 bil receivables................. I agree though, they will be stuck reporting their Group cash operating profit (which leaves out much of the underlying costs of the business) for some years to come and the holy grail - NPAT, as you mentioned - is unobtainium. Try possibly breaking even in a few years hopefully.........

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clearly you dont know how to value a business though in laymans terms.

ZIP Price at posting: $1.34 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.25		Change 0.040(3.32%)		Mkt cap ! $1.357B

Open	High	Low	Value	Volume
$1.23	$1.25	$1.23	$1.016M	824.0K

Buyers (Bids)

No.	Vol.	Price($)
5	20293	$1.24

Sellers (Offers)

Price($)	Vol.	No.
$1.25	99324	12

View Market Depth

No.	Vol.	Price($)
3	28180	1.230
4	20934	1.225
2	16229	1.220
1	15150	1.215
7	40099	1.210

Price($)	Vol.	No.
1.235	119837	3
1.240	88559	10
1.245	41579	3
1.250	42897	4
1.255	20500	1

Last trade - 10.10am 27/05/2024 (20 minute delay)


Last $1.25			Change 0.040 ( 3.39 %)
Open	High		Low	Volume
$1.24	$1.25		$1.24	200362
Last updated 10.29am 27/05/2024 ?

ZIP (ASX) Chart