UK launch & Zip biz -Next Month, page-275

guess what Johny has been lending since 2013 when the business was a concept...went for ipo in 2017 when SP was 0.58$ & revenues & ttv were next to a common retail store...in thread years TTV crossed billion, revenues above 250 millions & bad debt has been cyclic between to 1 to 2.5%...the only thing has been trending over these years is growth...growth in SP & top line...and growth doesn’t not come without pain...when addressable market is huge & diverse even in diverse economic conditions then you got to give it a go unless you capture the market first then cut your losses...as I said it is not necessary zip will move to 15$ with current fundamentals if it holds its losses to 1.1% but it is necessary that zip will move to 15$ by doubling its revenue no matter or keep its bad debt to 2.24$ unless you don’t like management’s thinking you shouldn’t be holding a stock!