Ann: FY21 Results - Transformational Year as Zip Goes Global, page-49

Everyone was banging on about this rising but here you go, it reduced for doubtful debts and net bad debts stayed consistent. In a growing company this is all positive to me.

The rebrand will help them lower the cost of borrowing reducing their expenses further. You need to spend money to make money, name change was 100% worth it.


Global expansion is driving fixed costs up through employee wages, marketing and IT, admix expenses, these costs will reduce over time. During hyper growth stages the only real thing to worry you is growth in sales, revenue and bad debts staying consistent or reducing. Net cash increasing is a positive sign. Zip still kicking goals even with all this negativity in the forum