Bullish Highlights
- In the Americas, Zip experienced record top-line growth with $3.1 billion in transaction volumes and $214.7 million in revenue.
- Zip's strategic priorities include driving profitable growth, unlocking new customer and merchant segments, and investing in processes and systems for scale.
- The company aims to expand its merchant base and enter new verticals in the US market, with a focus on existing customer growth and higher engagement.
Misses
- No specific misses were discussed in the earnings call transcript summary provided.
Q&A Highlights
- Gordon Bell discussed the impact of seasonality on revenue margins, stating they are not significantly affected.
- The company is well advanced in refinancing a funding facility set to expire on March 10th, with details to be disclosed soon.
- Management expects credit losses, which were anticipated to peak in October and November, to improve in line with expectations.
In summary, Zip Co Limited is on a positive trajectory with its half-year '24 results, showing a strong financial performance and strategic focus on growth and innovation. The company remains optimistic about its future prospects and is preparing for further advancements in FY '25.
Earnings call: Zip Co Limited sees robust half-year '24 performance By Investing.com
WHAT ARE THE DIRECTORS WAITING FOR? Use your own money to acquire shares
- Forums
- ASX - By Stock
- ZIP
- DIRECTORS NOT BUYING SHARES
DIRECTORS NOT BUYING SHARES
Featured News
Add ZIP (ASX) to my watchlist
|
|||||
Last
$1.80 |
Change
-0.013(0.69%) |
Mkt cap ! $2.256B |
Open | High | Low | Value | Volume |
$1.81 | $1.81 | $1.74 | $22.24M | 12.59M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
47 | 170137 | $1.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.80 | 176897 | 43 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
48 | 170977 | 1.795 |
22 | 280195 | 1.790 |
19 | 295074 | 1.785 |
19 | 189224 | 1.780 |
13 | 178111 | 1.775 |
Price($) | Vol. | No. |
---|---|---|
1.800 | 172543 | 39 |
1.805 | 188698 | 29 |
1.810 | 292045 | 24 |
1.815 | 301565 | 18 |
1.820 | 314602 | 18 |
Last trade - 14.18pm 26/07/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |