Zip Co Ltd. (AU:ZIP) has released an update.
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Zip Co Ltd. reported a positive cash flow of $63.8 million for the first quarter, supported by strong customer receipts totaling $240.5 million. Despite significant expenses in advertising and staff costs, the company continues to connect millions of customers with a vast network of merchants across Australia, New Zealand, and the United States.
For further insights into AU:ZIP stock, check out TipRanks’ Stock Analysis page.
