Citi expects consensus profit upgrade on Ziphttps://www.theaustralian.com.au/business/trading-day/asx-to-rise-as-wall-street-bounces/live-coverage/b8747c53f92e38dcbaef0c165bb45e5c#/entry/9875875Citi analyst Siraj Ahmed looks for a consensus upgrades on Zip Co in terms of total transaction volume, revenue and cash EBTDA given the ongoing momentum in the US and strong net transaction margin in Australia and New Zealand evident in Zip’s quarterly results.
He sees FY25 cash EBTDA of $145 million, already 12 per cent above Visible Alpha consensus, but sees upside risk to his forecasts if US momentum continues.
1Q US total transaction volume growth of 43 per cent on year beat his forecast by 5 per cent and the revenue yield in the US rose to 7.1 per cent likely reflecting higher usage of the Zip app.
However, with net bad debts up in the US as Zip focuses on new customers, he thinks net transaction margin may have peaked.
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Last
$3.14 |
Change
-0.040(1.26%) |
Mkt cap ! $4.053B | |||
| Open | High | Low | Value | Volume |
| $3.13 | $3.19 | $3.08 | $27.56M | 8.803M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9991 | $3.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.15 | 42415 | 6 |
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| Last trade - 16.16pm 29/07/2025 (20 minute delay) ? |
| ZIP (ASX) Chart |