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Why is Zip Co Limited Making Significant Improvement in Cash EBTDA? — ASX:ZIP| ASX Mining News & Discussion
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Lykeshares Official
$ZIP Why is Zip Co Limited Making Significant Improvement in Cash EBTDA?
Zip Co Limited (ASX: ZIP) announces its full-year results for the period ending 30 June 2023, showcasing a significant improvement in Cash EBTDA and being on track to achieve group positive cash EBTDA during 1H24.

Key Highlights

Zip Co Limited has achieved notable milestones, including:

Recording a group revenue of $693.2m, experiencing a YoY growth of 16.1%.

Achieving a record transaction volume (TTV) of $8.9b, showing a YoY growth of 7.0%.

Conducting a record number of transactions, with 72.7m, indicating an 8.3% YoY increase.

Maintaining a revenue margin of 7.8%, surpassing the medium-term targets by 60 basis points.

Successfully reducing group net bad debts to 2.0% of TTV, adhering to the target range.

Demonstrating a strong Net Transaction Margin (NTM) of 2.8%, despite the rising interest rate environment.

Garnering a cash gross profit of $250.6m, reflecting a YoY growth of 20.4%.

Increasing merchant numbers to 72.3k, experiencing an 11.2% YoY growth.

Observing a decline in active customer numbers for the core ...
Why is Zip Co Limited Making Significant Improvement in Cash EBTDA?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?