Bullish Highlights
- In the Americas, Zip experienced record top-line growth with $3.1 billion in transaction volumes and $214.7 million in revenue.
- Zip's strategic priorities include driving profitable growth, unlocking new customer and merchant segments, and investing in processes and systems for scale.
- The company aims to expand its merchant base and enter new verticals in the US market, with a focus on existing customer growth and higher engagement.
Misses
- No specific misses were discussed in the earnings call transcript summary provided.
Q&A Highlights
- Gordon Bell discussed the impact of seasonality on revenue margins, stating they are not significantly affected.
- The company is well advanced in refinancing a funding facility set to expire on March 10th, with details to be disclosed soon.
- Management expects credit losses, which were anticipated to peak in October and November, to improve in line with expectations.
In summary, Zip Co Limited is on a positive trajectory with its half-year '24 results, showing a strong financial performance and strategic focus on growth and innovation. The company remains optimistic about its future prospects and is preparing for further advancements in FY '25.
Earnings call: Zip Co Limited sees robust half-year '24 performance By Investing.com
WHAT ARE THE DIRECTORS WAITING FOR? Use your own money to acquire shares
- Forums
- ASX - By Stock
- ZIP
- DIRECTORS NOT BUYING SHARES
DIRECTORS NOT BUYING SHARES
Featured News
Add ZIP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.31 |
Change
0.050(2.21%) |
Mkt cap ! $3.015B |
Open | High | Low | Value | Volume |
$2.33 | $2.41 | $2.30 | $28.87M | 12.29M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 223142 | $2.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.32 | 101520 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 90792 | 2.310 |
14 | 75543 | 2.300 |
5 | 14100 | 2.290 |
5 | 72000 | 2.280 |
3 | 19508 | 2.270 |
Price($) | Vol. | No. |
---|---|---|
2.330 | 750 | 1 |
2.340 | 65649 | 3 |
2.350 | 25596 | 4 |
2.360 | 28231 | 4 |
2.370 | 123185 | 4 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online