It's definitely because of this report. TTV annualising at over $10 billion. If they can maintain a revenue % of TTV at 7% then we are annualising over $700 million in revenue. Up from $397 million the prior year. Based on a $2.8 billion MC, can someone do the maths as to what revenue multiple valuation we are currently trading at.... it ain't anywhere near 40x like Afterpay.. I don't expect Zip to reach anywhere near that multiple but come on..
Also the exclusive agreement with Singtel through the Dash app looks exciting for Singapore launch. Lots to like in this update.
Daily Price Movement / General Discussion, page-40118
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$1.36 |
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Mkt cap ! $1.532B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.39 | $1.34 | $24.60M | 18.09M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 45993 | $1.35 |
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|---|---|---|
| $1.37 | 386131 | 13 |
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