ZIP 6.22% $1.89 zip co limited..

Time to Celebrate

  1. 2,807 Posts.
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    Time to Celebrate for this amazing Company:

    1) SP went from $ 1 to $3,54. I leave the math to you. https://hotcopper.com.au/data/attachments/1905/1905813-423bba00c32f97312e7578113f0f8b4d.jpg


    2) Revenues in FY19 = $ 84,2 M, we had already an amazing first Q closing at $31M more than double when compared to Q1 19 $15M.

    Guidance for FY20 is to double the revenues of 19, however I feel with the Amazon, Bunnings and NZ aquisition of Part pay, funded ZIP biz and UK beating that guidance is at reach here is a breakdown: In purple the actuals while in green the assumed:

    https://hotcopper.com.au/data/attachments/1905/1905819-d230d40008ea7ff37374f4ff653ef383.jpg


    3) All in all the FY 20 target of $200M is at reach and achieving this target will boost the SP in a double range from where we were at end of FY19.

    ALL IMO & DYOR....

    Happy New YEAR to the Zipsters of HC.


 
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