Zips bad debts seems to have peaked as the customer numbers growth has slowed down…I have seen many banks go through the same phase after slowdown in aggressive lending…I can’t say whether it will be next quarter but once the bad elements are written off the bad debts picture will start showing a very healthy picture
In fact this is the working model of every BNPL, once you write off the bad customers the good and less risky customers remain
Zips bad debts seems to have peaked as the customer numbers...
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Last
$1.70 |
Change
-0.090(5.04%) |
Mkt cap ! $1.909B | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.78 | $1.69 | $129.7M | 75.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 93847 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 556968 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |