$2 PARTY, page-4076

I'd love for the downrampers to actually post some genuine reasons for why the stock might not do well instead of the constant rubbish being posted.

You can't spend all your time complaining that the business was going to suffer as rates kept being increased over the last couple years, and then pretend to question why interest rates being decreased would help the business.

It's very simple - interest rate cuts mean lower funding costs for Zip, which means increased margins, which means increased revenue. This was also confirmed by CS in a recent interview.

Additionally, anyone being genuine and using common sense understands that interest rate cuts also mean that consumer strength is increased in 2 ways. Firstly, consumers will have more disposable income as less of their income is eaten up by interest (home loans etc), which means increased spending. Secondly, consumers having more dispoable income/less mortgage stress means they are more likely to repay their debts - which means reduced bad debts for Zip.

And then people are complaining that Q3 is disappointing if it has less revenue than Q2. This is just ridiculous. It's a seasonal business and Q2 is always their strongest - just because Q3 is going to be less than their best quarter doesn't make it disappointing. You need to compare 3Q24 to 3Q23.

Also for people who think Q1 was unique in some way - it wasn't. The revenue in the US has been consistently increasing for quite a while.
From the table freshtesh posted:
1Q23: $66.9m
2Q23: $85.7m (seasonal)
3Q23: $73.5m
4Q23: $82.5m
1Q24: 97.8m
2Q24: $116.9m (seasonal)

It has been steadily increasing over time as can clearly be seen.
As far as I'm concerned anything over $97.8 for the upcoming 3Q24 report is an excellent result.