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.
Australia is at break even and will become profitable as bad...
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.34 |
Change
0.005(0.37%) |
Mkt cap ! $1.506B | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.40 | $1.34 | $14.31M | 10.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 175082 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 2348 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.34 |
Change
0.005 ( 0.62 %) |
||||
| Open | High | Low | Volume | ||
| $1.36 | $1.40 | $1.34 | 2941807 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| ZIP (ASX) Chart |