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
$1.14 |
Change
0.020(1.79%) |
Mkt cap ! $1.284B |
Open | High | Low | Value | Volume |
$1.14 | $1.16 | $1.13 | $47.93M | 42.03M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 179007 | $1.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.14 | 555537 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 134850 | 1.135 |
4 | 67681 | 1.130 |
4 | 41777 | 1.125 |
8 | 49634 | 1.120 |
2 | 6000 | 1.115 |
Price($) | Vol. | No. |
---|---|---|
1.145 | 167401 | 3 |
1.150 | 106406 | 10 |
1.155 | 14311 | 4 |
1.160 | 130000 | 3 |
1.165 | 171117 | 4 |
Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.15 |
  |
Change
0.020 ( 1.16 %) |
|||
Open | High | Low | Volume | ||
$1.14 | $1.15 | $1.13 | 11515103 | ||
Last updated 15.59pm 31/05/2024 ? |
Featured News
ZIP (ASX) Chart |