Ann: FY21 Results - Transformational Year as Zip Goes Global, page-85

I have to say even for a Z1P Bull like me I was very impressed with the report. Some of the takeaway for me is the AAA credit ratings that zip has achieved. Yes some of us allready knew about it. This means cost of borrowing will be cheaper and thus improve margins.
As of 30th of June, Z1P had $461m cash in the bank beside the lending facility of $2.5B. I believe ZIP will really go hard in UK and Canada in December quarter.
Net bad debt as a percentage of transaction volume at around 1.28%. Very healthy for a growing company.
and lastly don’t be confused with the big loss on paper as discussed numerous times here it’s mostly a goodwill loss and has not effected zips bank balance but rather a paper loss that had to be put on financial statements to write it off the books.