ok so I've got a few numbers for comparison based on the FY...

ok so I've got a few numbers for comparison based on the FY 21 results and % of growth, this is for FY 22 expected results, now these are strictly for US/ANZ only as the other markets (Europe and zip biz) havnt got any real data yet to compare with.

ZIP USA
rev-$176M/269%=$475M
TTV-$2.4B/225%=$5.4B
customers-4.4M/144%=6.3M
merchants-15.6k/388%=60k

ZIP ANZ
rev-$214M/40%=$300M
TTV-$3.2B/52%=$4.8B
customers-2.8M/33%=3.7M
merchants-35.5k/45%=51k

total
rev=$775M
TTV=$10.2B
customers=10M
merchants=111k

affirm revenue=~$1B
market cap before Amazon deal ~$18B USD

afterpay revenue =~$924M
current market cap=~$38B AUD

affirm is making wicked revenue but growing much slower, I feel it's better to compare zip to afterpay because neither company charges interest unlike affirm hence the large revenue multiple in comparison to the amount of customers.

zips company metrics seems roughly 45% of afterpays business which would give it a market cap of ~$17B AUD

if you compare it to affirm then we're looking at around $7-$8B AUD market cap strictly on revenue alone.

zip share price compare to afterpay should be ~$30
zip share price compared to affirm should be ~$14

now I'm sure there's other factors I havnt listed here that would dictate a more accurate zip sp. but it's all just food for thought