Ann: Quarterly Appendix 4C Cash Flow Report, page-58

First 58 Last

Share
Profile

Follow
Tradinator

8,020 Posts.

750

30/04/24

12:23

Post #: 73581231
Share

Originally posted by bas10: ↑

What did the ASX BNPL stock report?
On its cash flow from operating activities for the current quarter, Zip reported $216.8 million in receipts from customers. That brings its year-to-date receipts (for the nine-month period) at $647.8 million.
On the bottom line, net cash from operating activities for the three months was $90.4 million, and year to date this came in at $204.1 million.
Zip also earned net cash from investing activities of $23.4 million for the quarter, driven by the $27.3 million sale of receivable loans.
On the other side of the ledger, the company spent $98.3 million in net cash on financing activities.
Offering some potential support for the Zip share price, the company reported a net increase of $23.4 million in cash and cash equivalents over the quarter, holding $327.2 million at the end of the period.
Zip also had $386.8 million in unused financing facilities available as at 31 March.
What else has been moving the Zip share price this month?
Zip reported its third quarterresultstwo weeks ago, on 16 April.
Despite some solid metrics, investors were clearly expecting more, with the Zip share price closing down 10.9% on the day at $1.19 a share.
Highlights for the quarter included a 14.6% year on year increase in Zip's total transaction volume (TTV), which reached $2.4 billion.
The company's quarterly revenue came in at $219.2 million, up 26.6% from the prior corresponding quarter. This was spurred by a 0.80% increase in Zip's revenue margin, which grew to 9.1%.
It was a particularly strong quarter for the company's Americas business, where TTV grew by 43.6% year on year. Management credited the strong growth to increased customer engagement and a strong credit performance.
Commenting on the results at the time, Zip CEO and managing director Cynthia Scott said the "outstanding results reinforce that Zip is a simplified, stronger and sustainably profitable business".

Expand

Bas intentionally left the last bit out. Be careful reading anything Bas posts

Why didn't he include this part?

With today's intraday moves factored in, the Zip share price remains up a whopping 143% over the past year.

ZIP Price at posting: $1.26 Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply