Volume up 101 percent but revenue up only 89 percent and transactions up 117 percent
Means they are processing more lower value transactions and the business is not scaling.
Add in the huge marketing spend 100 million annual employee costs with the doubling of arrears and it's a recipe for disaster.
Ann: Zip Delivers, Rebrand Complete, page-56
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Last
$2.19 |
Change
0.260(13.5%) |
Mkt cap ! $2.772B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.19 | $2.00 | $56.69M | 26.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 133683 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 235682 | 50 |
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| ZIP (ASX) Chart |