ZIP 3.72% $2.79 zip co limited..

Ann: Q4 FY22 Results Update - Zip Executing on Core Strategy, page-9

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  1. 1,524 Posts.
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    0% growth quarter on quarter? how can this be good stuff??

    Quarter on quarter, Rest of world was flat (no growth) and the supposedly the big growth driver, ie the US, actually saw revenue go backwards...?

    Net bad debts in ANZ up 13% quarter on quarter... (from 3.40% to 3.82%)

    Topped off by a huge impairment (hundreds of millions) on all the businesses I distinctly remember saying they massively overpaid for in the first place (Quadpay, Spotti, and Twisto)

    How is this company, which is now (or very close to being) in decline, worth half a billion??
    Last edited by investor_jackson: 21/07/22
 
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