Share
9,690 Posts.
lightbulb Created with Sketch. 960
clock Created with Sketch. 20/02/25
15:11
Share
Originally posted by Ollie3039:
↑
Zip is a broken business with no clear path to long-term profitability. The latest numbers expose the reality. Massive transaction volumes, weak revenues, and margins so thin they are barely worth mentioning. The company processed 3.4 billion in TTV, brought in 269.4 million in revenue, and somehow only managed to scrape together 35 million in EBTDA. That kind of return is laughable. They are moving huge amounts of money but barely making anything from it. If they can’t generate real profits at this scale, when will they?
Expand
At least it is profitable.
(20min delay)