Zip has a funding facility of 1.144b $ out of which 1b is withdrawn with maturity coming this year & next year...recently they increased facility limit 95m more & in total of 189m $ available for growth..with revenue of around 260 million $ annually & margin per transaction sitting around 2.5% assuming bad debt to be 1.5%.
The question is how zip would be able to repay its own 1b $ debt with this financial model other than CR? Does anyone has insights?
Zip debt, bad debt & margin!
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Last
$1.85 |
Change
0.070(3.94%) |
Mkt cap ! $2.335B | |||
| Open | High | Low | Value | Volume |
| $1.81 | $1.91 | $1.80 | $45.22M | 24.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7500 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 211147 | 7 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |