Appreciate your thought.
My main concern is the margin structure.
I do not have much expertise in accounting but I saw the bad debt is more than 1.5% and I am not sure about the retailer margin - Let's say if it is 5%, then around 3.5% is the remaining profit, and after removing interest & operating cost I am not sure if Zip is still profitable.
Any thought on this anyone?
Appreciate your thought.My main concern is the margin structure....
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.70 |
Change
-0.025(1.45%) |
Mkt cap ! $1.909B | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.77 | $1.68 | $16.19M | 9.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5300 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 86880 | 4 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |