APT Vs ZIP quarterly update comparison, page-29

Afterpay (APT - up 6% first thing) had a business update this morning. Q1 underlying sales up 115%, active customers up 98%, active merchants up 70%, launching Afterpay savings account product by Q4 2021, they are good but are they good enough? Shaw and Partners have some commentary this morning that the results show strong growth globally in the seasonally slower period although the market may have expected the US to grow quicker. They relate it to Z1P saying QuadPay is growing faster than APT in the largest consumer market globally making it the fastest growing US BNPL. They have a $10 target on Z1P now 631c