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$2.66 zip co limited..

Ann: Q1 FY24 Results - Zip achieves positive Group cash EBTDA, page-25

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TB51

2,423 Posts.

589

24/10/23

09:46

Post #: 70498729
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Originally posted by Goodfella58: ↑

The stemming of the continual cash burn is a huge positive as it knocks an imminent capital raise on the head but they are not a tech company and no longer global.

They are no more and no less than an ANZ/ America's FSP and command nothing more than a PE of 10-12 as per the sector, so only to justify the current market cap they need to be producing $20 million annual post tax profit not the bullshit EBTDA metric they keep relying on.

Quite clearly the ANZ business has peaked and is in decline and arrears and bad debts are trending upwards again.

Having said that its the first result i have seen that reflects having professional management in control which has been missing in the last 13 years.

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Thanks GF appreciate your post !

ZIP Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last $2.66		Change -0.045(1.67%)		Mkt cap ! $3.427B

Open	High	Low	Value	Volume
$2.64	$2.66	$2.61	$6.892M	2.616M

Buyers (Bids)

No.	Vol.	Price($)
16	75302	$2.65

Sellers (Offers)

Price($)	Vol.	No.
$2.66	107964	13

View Market Depth

No.	Vol.	Price($)
15	73827	2.660
22	220922	2.650
17	193087	2.640
18	284366	2.630
27	285992	2.620

Price($)	Vol.	No.
2.670	58481	9
2.680	381590	27
2.690	289286	16
2.700	238201	16
2.710	235433	7

Last trade - 11.09am 08/10/2024 (20 minute delay)

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