What caught my eye was the operational performance. Before this quarter their growth looked largely from fixing their finances, cleaning up the balance sheet and focusing on high margin business and efficiencey. What was missing was the growth in actives. If they can continue momentum in this area, huge upgrades will be coming for ZIP. I think this quarterly shows their go to market is working. Cash Ebitda of $35mil just for the quarter.
I can't believe where this company has come from and where it is now. I think a lot of the market probably doubts it as well.
Actives growing is what the market wanted today IMO, continued to expand their operating jaws for good measure. Absolutely 5 star result.
ZIP Price at posting:
$3.27 Sentiment: Buy Disclosure: Held
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