Literally spends all day today blurting on about real analysis...

Literally spends all day today blurting on about real analysis beyond the pump, tells us the "devil is in the detail" and talks about the "dump after the pump", how we are all missing the "real information", etc, but never of course mentions an actual figure or articulates a argument against the results with any detail, explanation or analysis. You know one of perhaps six days we get comprehensive figures on the business a year and can actually discuss data, but instead berating everyone for their pump, ignorance and lack of insight, but never once actually tells us the problems with the reported business figures with a little bit of data analysis (problems he can see but we are all blind to of course).

Revenue growth, +26% on 2Q23FY, check.
Increased revenue margins, 8.2% (vs 7.1% in 2Q23FY) check.
Cash transaction margin increases, 3.5% vs 2.8% in 2Q23FY, check.
EBTDA for 1HFY23 guided at around $30 million, check.
Massive Merchant growth again, +9%, check.
US debts 1.3% - 1.4% of TTV; below the target range of 1.5% - 2.0%, check.

and best of all, for all the crap posted on Hot Copper in the last couple of months, Aussie arrears and bad debts come down, not up with the Bullock interest rate hike scaremongering:



If only the Maestro would share with us simpletons his insight into this deceptive "purple mist" the company creates in its reporting. Why we are all so blinded by the "purple mist" he goes on about at every quarterly report, without ever actually explaining why the data deceiving. If only he would share with us his prowess and show us the holes in the figures. Just once. Give even a bit of a summary, if not a comprehensive review of where the figures delude us. Go on Tekky. Pick a couple of figures. Any figures...

He couldn't even if he had the ability, which he has demonstrated in two years on here he does not, despite all his allusions to knowing better than ZIP investors. The figures beat my modest expectations and some of the scantly reported analysts figures - the Australian dissemination of broker consensuses a bit rudimental alas.

ZIP is well on its way to positive cash flows and net profitability. It absolutely got poor terms/rates by the terrible inefficiencies in the Aussie lending mkts recently, but with this reported metrics will cope with them comfortably. Nothing is 100% foretold in this game, but the company just made very good progress in assuring analysts who can actually evaluate credit based businesses, that it is very likely to be able to be a profitable sustainable business in the near-term at least, despite having endured the largest interest rate hikes over a short period, in history.