ZML 0.66% 75.5¢ zip co limited

Ann: Webjet Exclusives Joins the zipMoney Platform, page-21

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  1. 656 Posts.
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    haha, smug sarcasm.... perhaps you should note, that based on the recent report by Bell Potter, ZML is predicting a $260m book by the end of this year, although they are clearly behind their targets on TTV by a good deal... they just past $60m for the quarter, when they should be north of $100m... and because they don't turn the money quickly, their book has already ballooned out to $120m, generating just $4m in quarterly revenue... compare that to AFY, doing the same revenue off a $50m book on a TTV of $150m... infinitely better model. But assume ZML get on track and hit their predictions, they will hit $260m within 6 months consuming their entire pool of funds, including their new warehouse, while still losing money (through to well into FY18). So to come anywhere near their FY18-19 targets They will have to raise significant equity to get anywhere near the $400m-$600m book their own model says they need to hit. @Mexicanandre you are 1000% right... 2-3 1/4s left before they raise.
 
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Currently unlisted public company.

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