Z1P APT H1 Comparison Highlights

zip apt comparisons H1 2021

Growth in TTV

Apt up 106% to 9.8 Billion Zip up 141% to 2.32 Billion

Us growth

apt up 195% zip up>250%

Growth in revenue

Apt374 million up 108% zip 160 million up 130%

Note apt made additional 42 million revenue other sources ( interest on their cash balance? )

Growth in customers

Apt up 80% to 13.1 million Zip up 217% to 5.7 million

Revenue as % of TTV

Apt is 3.8 % zips is 6.89% WOW

Note APTS % late fees dropped from0.7 to 0.4%. adding late fees apt went from4.48% fy2020 to 4.2% h12021

Zip generating more than 60 % more revenue per dollar

Growth in merchants

Apt is up 73% to 74700 zip is up 82% to 38500 (8400 in US)

Summary;
Looking at above Zips metrics are all exceeding Afterpays in percentage growth, both now are big BNPL players.
APTS overall revenue per dollar of 4.2% including late fees has dropped 6.25% compared to FY2020 4.48% result.
Zips revenue per dollar metric is class leading
There has been a quantum shift in Zip and Apts position in the BNPL over last 12 months. Since quadpay acquisition Zip has now overtaken APT in all of the above metrics an incredible turn around and perhaps sign of things to come. Apt has been leading these figures for all preceding years. Wow!
I say that again, Zip has now officially ovetaken APT in all of the above measures metrics in terms of growth.