Yes. I used the AUS net bad debts 3.4% on global revenue.
I expect the ACTUAL figure is higher.
Hopefully not a lot higher but ZIP is clearly hiding it.
I just reread the Annual Report FY2021 and no disclosure there (splitting up the regions).
They quoted net bad debts FY20 at 2.24%, FY21 at 1.82%....and right now for Q3FY22 at 3.4%.
Their Annual Report quoted management's expectations of 2.5% (pg48).
So since FY22 has started, net bad debts has exploded 87% higher AND 36% higher than management's expectations...so what the hell happened???
We are reaping the benefits of all their chickens coming home to roost...
- Forums
- ASX - By Stock
- ZIP
- Ann: Q3 FY22 Results - Zip Accelerates Path to Profitability
Ann: Q3 FY22 Results - Zip Accelerates Path to Profitability, page-106
-
-
- There are more pages in this discussion • 227 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
|
|||||
Last
$1.70 |
Change
-0.025(1.45%) |
Mkt cap ! $1.909B |
Open | High | Low | Value | Volume |
$1.75 | $1.77 | $1.68 | $16.19M | 9.417M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5300 | $1.70 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 86880 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 1.690 |
1 | 29495 | 1.685 |
10 | 46004 | 1.680 |
3 | 21357 | 1.675 |
7 | 81665 | 1.670 |
Price($) | Vol. | No. |
---|---|---|
1.700 | 50000 | 2 |
1.705 | 72000 | 2 |
1.710 | 69500 | 4 |
1.715 | 1400 | 1 |
1.720 | 22142 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |