The average ZiP transaction in the USA is less than $100 which shows the quality of the customers who require to split $100 into four and are prepared to pay a 50 to 100 percent APR for the privilege.
Broke and desperate.
The Spectre of USA is just a catalyst for BNPL stocks to accelerate their downtrend and inevitably go bust as they simply will never make a profit especially now the economic crutch of government stimulus has been removed.
Sezzle credit costs were 81 percent of nett transaction income and I expect Zip will approach that level in their next report
Remain calm, page-39
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Last
$1.83 |
Change
0.025(1.39%) |
Mkt cap ! $2.310B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.84 | $1.76 | $34.05M | 18.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6757 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 480347 | 4 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |