Zip Co remains popular with savvy customers as it narrows loss by 60pc, page-12

Interest rates have been put on hold, and will likely come back down over the next 12 months. Inflation is also back under control. This all means people will have more money to spend, which means they will spend more on Zip. In addition, those that were struggling and may have been in arrears to Zip will now have more money to repay their bad debts. In addition, the interest rates decreasing will means the borrowing costs for Zip go back down.

So their major expenses will all go down, and their revenue will go up. And this is without Zip charging customers more, and without them releasing a new product (which they say will be released this financial year).