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.
Ann: Completion of Zip Share Purchase Plan, page-66
-
- There are more pages in this discussion • 153 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.79 |
Change
0.100(3.72%) |
Mkt cap ! $3.642B | |||
| Open | High | Low | Value | Volume |
| $2.71 | $2.90 | $2.71 | $45.39M | 16.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26755 | $2.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 85890 | 2 |
View Market Depth
| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |