Exactly NV. Nothing in the businesses, balance sheet or metrics warrants a 46 times bigger valuation for Affirm over ZIP. Its absurd.As you point out, around 10% of US market share on those usage stats. ZIP at a $344 million cap vs its US business and $200 million qtlly revenues (AUD) is rather silly, particularly in the context of Affirm at $500 million qtrly revenues and a $10.3 billion mkt cap as I write (USD).
Now there is a company the shorters and down-rampers might be well warranted to attack on valuation basis. BNPL is doomed after all. LOL.
Ann: Q1 FY24 Results - Zip achieves positive Group cash EBTDA, page-1476
-
- There are more pages in this discussion • 898 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.40 |
Change
0.120(5.26%) |
Mkt cap ! $3.114B | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.43 | $2.25 | $56.09M | 23.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $2.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.40 | 231123 | 22 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |