Daily Price Movement / General Discussion, page-42412

do the math, and ignore the uprampers.

I’ve been saying it for months as any half decent analyst with a calculator and the ability to articulate financials, will see that it’s almost mathematically impossible for them to not have increased their operational loss.

the global rebrand, promotions (including referral fees) and marketing (particularly in the US) would have cost significant amounts. This isn’t much an issue if you have a lot of cash at bank and the TTV, vendor and customer growth are all exploding, but so far this isn’t the case. The concern lies in the cost to revenue ratio.

zip knew they were heading into a number of headwinds (as did anyone smart enough to sell higher), which is why they decided to finalise consideration of twisto and spotti in shares and not cash or a mixture of.

Citi have not been wrong with their zip calls and analysis yet - just like their US customer growth slowing for a third consecutive quarter based on the July to August site visit data.

all imo, dyor