Yes. I used the AUS net bad debts 3.4% on global revenue.
I expect the ACTUAL figure is higher.
Hopefully not a lot higher but ZIP is clearly hiding it.
I just reread the Annual Report FY2021 and no disclosure there (splitting up the regions).
They quoted net bad debts FY20 at 2.24%, FY21 at 1.82%....and right now for Q3FY22 at 3.4%.
Their Annual Report quoted management's expectations of 2.5% (pg48).
So since FY22 has started, net bad debts has exploded 87% higher AND 36% higher than management's expectations...so what the hell happened???
We are reaping the benefits of all their chickens coming home to roost...
- Forums
- ASX - By Stock
- ZIP
- Ann: Q3 FY22 Results - Zip Accelerates Path to Profitability
Ann: Q3 FY22 Results - Zip Accelerates Path to Profitability, page-106
-
-
- There are more pages in this discussion • 227 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
|
|||||
Last
$2.16 |
Change
-0.060(2.70%) |
Mkt cap ! $2.803B |
Open | High | Low | Value | Volume |
$2.14 | $2.20 | $2.12 | $27.01M | 12.55M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 15000 | $2.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.16 | 117293 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15000 | 2.150 |
11 | 147662 | 2.140 |
7 | 59679 | 2.130 |
20 | 458594 | 2.120 |
16 | 343570 | 2.110 |
Price($) | Vol. | No. |
---|---|---|
2.160 | 117293 | 4 |
2.170 | 411128 | 9 |
2.180 | 184235 | 4 |
2.190 | 284025 | 5 |
2.200 | 347172 | 15 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |