yep those numbers are straight off the asx website off the reports in aug 2019 and 2020 for afterpay also same for zip. Incredible to take a snapshot and see ZIP can achieve slight more revenue than afterpay with 40 percent less TTV, 20 percent less merchants signed up and 20 percent less customers. The 252 million annual revenue includes revenue of Quadpay which zip owns outright. the difference is incredible. Zip is able to generate revenue far more easily. Yet they are charging merchants a lot lot less 2-4% plus 15c per transaction vs apt 4-6 percent plus 30 c a transaction
youd expect further efficiencies choices from the zip quadpay acquisition also since they are on the same code base
I think the revenue per TTV dollar will become an important metric as it demonstrates the efficiency and conversion of total transaction volume to actual revenue to the company.
APT Price at posting:
$83.48 Sentiment: None Disclosure: Not Held
