Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Zip Co Ltd. ( (AU:ZIP) ) just unveiled an update.
Zip Co Limited has released its FY25 Annual Report, showcasing a significant financial turnaround with a 23% increase in revenue from ordinary activities, reaching $1,071,595,000. The company reported a remarkable profit after income tax from continuing operations, up 1,312% to $79,895,000, compared to the previous year. This substantial growth reflects Zip’s strengthened market position and operational success, although the company has not declared any dividends for the year. The financial statements have been audited with an unmodified opinion, indicating a robust financial performance.
The most recent analyst rating on (AU:ZIP) stock is a Buy with a A$3.10 price target. To see the full list of analyst forecasts on Zip Co Ltd. stock, see the AU:ZIP Stock Forecast page.
More about Zip Co Ltd.
Zip Co Limited is a digital financial services company that offers innovative, people-centered products. Operating primarily in Australia, New Zealand, and the United States, Zip provides point-of-sale credit and digital payment services, connecting millions of customers with a global network of tens of thousands of merchants. Founded in Australia in 2013, the company aims to offer fair, flexible, and transparent payment options to help customers manage their financial futures and support merchants in growing their businesses.
Average Trading Volume: 15,925,908
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$4.14B
See more insights into ZIP stock on TipRanks’ Stock Analysis page.