No @FreeFromStyle .... Zip’s net loss of $414 million for FY23 compares with a $1.1 billion loss a year earlier, with the latest result buoyed by a 16 per cent surge in group revenue to a record $693.2 million.
Zip strengthened its balance sheet in FY23 by reducing the outstanding face value of its senior convertible note from $400 million to $137.8 million. Since the end of June, the outstanding face value has been cut to $130.5 million.
Convertible noteholders take a big haircut.
Zip's U.S. unit, which accounted for 45% of annual revenue, exited fiscal 2023 with positive monthly earnings, once tax, depreciation and amortization are stripped out.
BE Careful of the BS from Shorters' here !!
News: ZIP Zip Posts FY Revenue From Ordinary Activities From Cont Ops A$693.2 Million, page-9
-
- There are more pages in this discussion • 69 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
$1.72 |
Change
0.015(0.88%) |
Mkt cap ! $2.170B | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.73 | $1.66 | $20.04M | 11.85M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 99232 | $1.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.72 | 35173 | 5 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |