Ann: 1H18 Results Presentation, page-19

First 19 Last

Share
Profile

Follow
Christos12

827 Posts.

19

26/02/18

17:00

Post #: 31354540
Share

Originally posted by rastis ↑

2.28% BDD is fantastic. But they effectively charge about 30% ( eg if Zip are like Afterpay? ....they charge 4% merchant fee and they fund over 4 fortnightky repayments. 25% if the amount for 0 days, 25% for only 2 weeks, 25% for 4 weeks and 25% for 6 weeks). So they get 4% for average of 4 weeks funding. 4% x 12.5 = 50% return. Less only 2.28% BDD. Wow! Great business model. Any higher income earners is the growth area which has lesser BDD and higher debt amounts!

Expand

Z1P have a completely different business model to APT.

All you need to know about this result is:

Revenue $15.6m
Funding cost $8.3m
Bad debts $6.2m

Gross Profit $1.1m

I don't see how they are going to make their expected profit from their Buy now, pay later business. They need to 10x their revenue just to break even.

Z1P Price at posting: $1.05 Sentiment: Sell Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

Expert Exchange: David Sokulsky on AI trade, chip stocks, and where to invest now

PSC

Prospect reshapes its Mumbezhi story with 'folded paper' and a 400m gamble

PUR

Pursuit Minerals kicks off drill hole three at Rio Grande Sur lithium project

GRE

GreenTech Metals readies for Munni Munni and Whundo drill programs

AS2

Askari Metals outlines its African growth strategy and the pathway to drilling at Nejo

HotCopper Highlights: Stakk, Northern Star and Imugene dominate discussion

FG1

Flynn Gold's maiden drilling confirms extensive system at Silver King

LISTEN: HotCopper Wire Podcast #052 – Finger lickin' not so good

ADVFN appoints Jason Paltrowitz as non-executive director

OSL

OncoSil Medical files for US FDA approval for specialist device

First 19 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: 1H18 Results Presentation, page-19

Top Stories

Expert Exchange: David Sokulsky on AI trade, chip stocks, and where to invest now

Prospect reshapes its Mumbezhi story with 'folded paper' and a 400m gamble

Pursuit Minerals kicks off drill hole three at Rio Grande Sur lithium project

GreenTech Metals readies for Munni Munni and Whundo drill programs

Askari Metals outlines its African growth strategy and the pathway to drilling at Nejo

HotCopper Highlights: Stakk, Northern Star and Imugene dominate discussion

Flynn Gold's maiden drilling confirms extensive system at Silver King

LISTEN: HotCopper Wire Podcast #052 – Finger lickin' not so good

ADVFN appoints Jason Paltrowitz as non-executive director

OncoSil Medical files for US FDA approval for specialist device

Featured News