You have smaller companies being sold at 40x FY22 revenue ZIP is trading at x10ish FY21 revenue. The disconnect is real. The marketing costs were quite high but the US market is such a critical and huge market that these costs are necessary. Marketing costs should come down with increased brand recognition and once markets become more mature, but for now, marketing is essential!
Daily Price Movement / General Discussion, page-29324
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Last
$1.66 |
Change
-0.033(1.92%) |
Mkt cap ! $1.870B | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.71 | $1.63 | $30.99M | 18.77M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 82625 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 109065 | 22 |
View Market Depth
| Last trade - 14.12pm 22/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |