ZIP 5.24% $2.01 zip co limited..

Ann: Q2 FY22 - Zip momentum continues, page-36

  1. 4,280 Posts.
    lightbulb Created with Sketch. 1897
    Lol your all mad.

    Bad debts for USA conspicuous by its absence and in keeping with previous financials will be exponentially higher.

    Australian customer growth come to grinding halt

    Bad Debts increasing in Australia in company metrics up by 15 percent but the way they write off bad debts against receivables of a typically strong quarter from weaker quarters 180 days past means the actual increase in bad debts is over 18 percent.

    Arrears being recognised as only 60 days delinquent means they are measured against current stronger quarter.



    Transaction Volume growth outpacing transaction value growth leading to higher processing costs and ever increasing negative impact on nett transaction margin.

    UK an unmitigated disaster .

    Is Zip Biz an actual business

    Given the reaction on here should present a nice spije to sell into.
 
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