Not answering your question but comparing here
If I'm reading the report correctly
for FYQ4 Z1P has a revenue of 44.2M, of that was 2.24% net bad debts = $990k
Let's say worst case per year, Z1P was running bad debt at $4M
It's honestly not a big deal when compared to supposedly APT - In 2017 they were writing off the same amount as Z1P and now apparently have bad debts of $59M (For some reason APT bases that of Transaction volume which is 5.25Bil = 1.1% of )
APT Income - $226M
Z1P Income - $160M
ZIP is a fantastic company with huge potential. While anyone can admit, It won't be the #1 leader, but it sure as heck will be the best in 2nd place.
Not answering your question but comparing hereIf I'm reading the...
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.80 |
Change
0.130(4.87%) |
Mkt cap ! $3.655B | |||
| Open | High | Low | Value | Volume |
| $2.70 | $2.85 | $2.70 | $42.96M | 15.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 55410 | $2.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.81 | 94755 | 10 |
View Market Depth
| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |