June 22 (Reuters) - Zip Co Ltd (ZIP) :
- BUSINESS UPDATE CONTINUING TO EXECUTE ON THE PLAN
- ZIP'S UNDERLYING BUSINESS REMAINS STRONG
- COST REDUCTION INITIATIVES EXPECTED TO DELIVER OVER A$30M IN EBTDA BENEFITS IN FY23
- ACQUISITION OF SEZZLE REMAINS ON TRACK AND IS HEADING TO A SHAREHOLDER VOTE LATER THIS CALENDAR YEAR
- IN LINE WITH STRATEGIC OBJECTIVES OUTLINED AS PART OF RECENT HY22 RESULTS UPDATE
- REMAINS "SIGNIFICANT OPPORTUNITY" FOR ZIP AND BUY NOW, PAY LATER PRODUCTS IN A HEIGHTENED INFLATIONARY ENVIRONMENT
- CONTINUES TO REVIEW ITS CAPITAL ALLOCATION FOR ITS REST OF WORLD BUSINESSES
- CONTINUES TO REFINE ITS CREDIT MANAGEMENT STRATEGY AND PERFORMANCE TO DRIVE LOSSES TOWARDS OUR TARGET LEVEL OF 2% OF TTV AND BELOW
- WELL PLACED TO RESPOND TO, AND OFFSET, EFFECTS OF RISING INTEREST RATES
- REMAINS WELL-FUNDED WITH A$303 MLN AVAILABLE IN CASH AND LIQUIDITY AS OF 31 MARCH 2022
- CO WELL-PLACED SHOULD FURTHER REGULATION SEE BNPL COME UNDER NATIONAL CONSUMER CREDIT PROTECTION ACT
June 22 (Reuters) - Zip Co Ltd (ZIP) : BUSINESS UPDATE...
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Last
$1.36 |
Change
-0.020(1.45%) |
Mkt cap ! $1.532B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.39 | $1.34 | $24.60M | 18.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 45993 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 386131 | 13 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |