Australia is at break even and will become profitable as bad debts and cost of interest decrease.
With continued growth from Amazon and new enterprise merchants, they're a year or 2 behind Afterpay in terms of ANZ EBITDA. Costs are fixed there and they're still growing at a solid rate.
Take at a look at the arrears rates in the last 2 quarterly updates.
Investing is all about blocking out the noise and emotion and focusing on a few simple points.
Check out the video below where Larry talks about Australia being at break even.
There is huge potential upside from here and a possible Disallowed in the next year. I would rather lose 50% on a stock than miss a Disallowed.
Chart - Z1P, page-3036
-
- There are more pages in this discussion • 13,665 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.46 |
Change
-0.035(2.34%) |
Mkt cap ! $1.644B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.54 | $1.45 | $19.96M | 13.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 104211 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 50000 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |