How to hold/convert SZL share post 12th Jan 2024?, page-1079

ZIP has announced an upgrade, remembering these are in Aussie $s - EBTDA is around US$102m - current MC is $3.48B, about US$2.3B.
Good news for Sezzle if ZIP's results are up 40% yoy.


Upgrade to FY25 guidance and May trading update

Zip Co Limited (ASX: ZIP) (“Zip”, or the “Company”) has provided an update on trading performance
for the month ended 31 May 2025 and an update to FY25 guidance.
Following continued strong performance, particularly in the US business, Zip has upgraded its
guidance for FY25 and now expects to deliver cash EBTDA of at least $160m (compared to prior
guidance of at least $153m). Zip is also on track for its FY25 results to be within its two-year target
ranges as previously announced to the market on 25 February 2025.

Key highlights for May 2025 trading:
● Momentum in TTV growth has continued across both markets
● US year on year TTV growth was above 40% (in USD)
● No material changes to credit loss performance since 3Q25 across both markets

Consistent with its capital management framework, Zip has purchased 12.3m shares for total
consideration of $22.6m to date as part of its on-market share buy-back program of up to $50m of
ordinary shares1.