ZIP 13.5% $2.19 zip co limited..

$2 PARTY, page-2646

  1. 301 Posts.
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    Revenue: $430 million
    Bad Debts: $78 million
    Bank Fees: $62 million
    Interest: $107 million
    Salaries: $73 million
    Marketing: $21 million
    IT: $21 million
    Corporate Financing: $42 million
    Other Expenses: $27 million

    That shows it is effectively breakeven.

    The only items I didn't include were the following which all look like accounting magic that can largely be ignored.
    Depreciation: $32 million
    Share based payment expenses: $6 million
    Fair Value Loss: $15 million
    Share of Loss of Associates: $2 million

    Net Other Gains: $138 million profit

    So please point out this pile of expenditure you keep alluding to? Because as far as I can see the company is essentially break even currently.
 
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