the default rate increased. in earlier annuals their goss profit was looking good. in 2021 they experience large revenue growth but the defaults offset this and the gross profit increase was not there. the price at the moment reflects peoples concern that zip might not be capable of getting it under control. my opinion with less aggressive expansion and a set reoccurring customer base we will see improvement and I have been buying but each to their own.
the default rate increased. in earlier annuals their goss profit...
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Last
$1.82 |
Change
-0.030(1.63%) |
Mkt cap ! $2.297B | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.85 | $1.78 | $15.22M | 8.408M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 103338 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 27726 | 31 |
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| Last trade - 13.43pm 30/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |