I would add that as more transactions are processed at Jon integrated merchants the bank and data fees have been increasing at an exponential rate quarter on quarter so their nett disposable income from which to pay interest and Opex costs is decreasing.
Tge bad debts as a percentage of nett disposable income is nearer 50 percent and as cash margins are further squeezed this percentage will continue to increase.
An acceptable bad debt ratio is circa 10 percent and in simple terms it's just a matter of when not if when Zip goes out of business .
- Forums
- ASX - By Stock
- ZIP
- Ann: HY22 Results - Date Change
Ann: HY22 Results - Date Change, page-90
-
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZIP (ASX) to my watchlist
|
|||||
Last
$1.91 |
Change
0.085(4.66%) |
Mkt cap ! $2.417B |
Open | High | Low | Value | Volume |
$1.85 | $1.91 | $1.78 | $39.33M | 21.25M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14157 | $1.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.91 | 377134 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14157 | 1.900 |
3 | 8822 | 1.895 |
5 | 59380 | 1.890 |
2 | 50306 | 1.885 |
7 | 704189 | 1.880 |
Price($) | Vol. | No. |
---|---|---|
1.910 | 377134 | 14 |
1.915 | 115498 | 9 |
1.920 | 157897 | 15 |
1.925 | 189417 | 6 |
1.930 | 104902 | 8 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online