ZIP 7.08% $1.58 zip co limited..

Ann: H1 FY21 Half Year Financial Report & Appendix 4D, page-28

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    I love these "growth" companies that keep growing and growing and growing, but never seem to arrive at actual profitability. Kind of like UBER, after more than a decade of "start-up" status, it keeps posting billions and billions of losses, while claiming every year that the next one will be profitable. Come on, even "growth" companies should have an objective of achieving profitability at some point in the future. I suppose this isn't the case in this crazy era of high-on-liquidity when it is just so easy to milk the shareholders. BNPL companies will be even more screwed when the regulations kick in for this industry, something that will inevitably happen.
    Last edited by kokoro: 25/02/21
 
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