Ann: Q3 FY22 Results - Zip Accelerates Path to Profitability, page-164

"and is hardly churning through it from a business operations perspective" were my actual words.

They of course don't do an Appendix 4C alas, but looking at the half year results, their operational cash burn was $25K for 2nd half, so again, "hardly churning through it from a business operations perspective". We can all see ZIP is potentially in the crapper, but don't put words in my mouth.

Might remind you ZIP's loss was $456K on the same period last year (half year ending 2020), before which I started shorting it, expecting dire results in it and APT. Its loss only $214K for half year ending 2021 by comparison.

You are a year too late to the "I told you so party" champ.