Just want to draw attention to an important point; The jump in customer numbers & transactions exceeds the increase in revenue, however this will be followed by an increase in monthly fee revenue from account holders in the next quarter.
With high growth stocks, I am comfortable with market cap of 10x revenue. I think we are close to that now. Zip will have to accelerate growth overseas to keep this up. If that can happen that's when we will see it really jump. Also, we wont be receiving any revenue for Quadpay for a long time but it would be good to keep an eye on how they are doing, would be great to know more about them strategy & execution wise but I am seeing the name appear alongside afterpay and affirm in some news articles which is promising.
Imagine where this could be in 5 years!
Ann: Quarterly Report, page-93
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Last
$1.72 |
Change
-0.040(2.27%) |
Mkt cap ! $1.937B | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.83 | $1.70 | $26.91M | 15.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 15000 | 2 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |