Zip hit $14 around February 2021.
As of 31st December 2020 there were 541,603,343 shares on issue.
That means market cap when the share price was $14 was around $7.5 billion.
Current market cap at $2.24 share price is only $2.84 billion.
So share price around $6 now would be equal to the old $14 share price.
Also, for the Oct-Dec 2020 quarter Zip posted a revenue of $102 million which was boosted by Xmas etc.
For the recent Apr-Jul 2024 quarter Zip posted a revenue of $223.6 million, which was not boosted by seasonality.
So revenue has increased by 2.2x and market cap has decreased by 62%.
So Zip was valued at 73.5x revenue in early 2021.
If Zip was valued at a similar multiple now, it would be worth around $16.5 billion market cap, with a share price of around $13.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 26755 | $2.79 |
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Price($) | Vol. | No. |
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1 | 26755 | 2.790 |
11 | 206476 | 2.780 |
5 | 82117 | 2.770 |
7 | 83070 | 2.760 |
15 | 163426 | 2.750 |
Price($) | Vol. | No. |
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2.800 | 85890 | 2 |
2.820 | 12472 | 1 |
2.830 | 36942 | 7 |
2.840 | 95913 | 6 |
2.850 | 247762 | 10 |
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