Ann: Annual Report to Shareholders, page-34

I think Market is looking for the same SP during that time when report was released i.e 9$ Which will happen very soon.

we also need to agree on that zip is doing better BD management, how? Let me explain in simple terms. Zip & apt used pretty similar amount of warehouse facility in 2020 I.e 1.1 b $, zip wrote off 30 million & APT wrote off 88.5 million hence ZIP BD management is better than APT thanks to credit checks.

you offen say that zipmoney or in future zip biz are drags that is a driving BD, I think that percenption is not right. Zipmoney or biz turn around time is 6 months on average so it hurts TTV compared to APT But it has nothing to do with BD.

hope that clears your perception mate!