#BnplGoingToZero, page-662

@Tekvest Imo Zip has & is turning around for the positive I've made that very clear and some of the negative sediment over the last few years is warranted but the continued BS posts I've pointed out need to be seen as just that.
Here are some positive points i believe need to be seen.

ZIP reduced its debt load from $500m at the end of FY22 to $180.5m August 2023 (and another $10mill since)
ZIP has consistently increased revenues (+16% YoY) from a slightly reduced number of active number of customers (removing more risky consumers) in a rising interest rate environment.

Net bad debts as 2% of TTV at 2% per its target (and US credit loss rates improved to 0.85% of TTV - which is in line with their predictions)

ZIP has increased its revenue margins +60bps to 7.8%, above medium-term targets of 7.0-7.5%
ZIP has improved cash transaction margins in its core businesses (ANZ, Americas and ZIP Business) to 3.1% for 4QFY23 (and 2.4% for the FY23)
All these improvements in a high interest rate environment and with the macro environment needs to be highlighted.
As we seen yesterday RBA have put rate rises on hold i believe this will continue and believe that rates in the near future will be reduced the lag effect is playing out.
I've attached an interesting article about Power Law and where Zip is now in the BNPL Tech Industry scale invariance.
Power law - Wikipedia