Strong revenue result and shows the effects of raising fees. The bad debt figure for Aus is omitting the y/y arrears and comparing q/q. Looking at the investor reports for the ZMT, you can see why... arrears are much better in Sep than Jun (3.09% of receivables >60 days in Sep vs 3.47% in Jun) though this is a seasonal feature. The corresponding item in Sep 22 was 2.27%.
Nevertheless, if the company can push through fee increases without cannibalising demand, it could make it through to the other side. If the market is pricing in the risk of bankruptcy, I imagine it will lower that risk after today's update.
- Forums
- ASX - By Stock
- ZIP
- Ann: Q1 FY24 Results - Zip achieves positive Group cash EBTDA
Ann: Q1 FY24 Results - Zip achieves positive Group cash EBTDA, page-32
-
- There are more pages in this discussion • 2,342 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
$1.36 |
Change
-0.020(1.45%) |
Mkt cap ! $1.532B |
Open | High | Low | Value | Volume |
$1.38 | $1.39 | $1.34 | $24.60M | 18.09M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 45993 | $1.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.37 | 386131 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 45993 | 1.345 |
14 | 86422 | 1.340 |
7 | 464552 | 1.335 |
9 | 194327 | 1.330 |
3 | 141269 | 1.325 |
Price($) | Vol. | No. |
---|---|---|
1.365 | 386131 | 13 |
1.370 | 203823 | 6 |
1.375 | 190628 | 5 |
1.380 | 256847 | 6 |
1.385 | 164359 | 3 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online