ASX Share rice
Thu 13 May 2021 - 12:59:pm (Sydney)

Z1P Share Price

ZIP CO LIMITED.Z1PDiversified Financials

Z1P Company Information

Name:

Zip Co Limited

Sector:

Financial Services

Industry:

Credit Services

GIC Industry:

Consumer Finance

GIC Sub Industry:

Consumer Finance

Address:

Level 14 Sydney NSW Australia 2000

Phone:

61 2 8294 2345

Full Time Employees:

612

Co-Founder, CEO, MD & Exec. Director:

Mr. Larry Diamond

Chief Financial Officer:

Mr. Martin Brooke

COO & Exec. Director:

Mr. Peter John Gray

Media & Communication Officer:

Jonathan Englert

Chief People & Culture Officer:

Anna Buber-Farovich

Chief Strategy Officer:

Mr. Tommy Mermelshtayn

Chief Growth Officer:

Mr. Andy Mitchell

Head of Corp. Affairs:

Mr. Matthew Abbott

Chief Customer Officer:

Steve Brennen

Chief Product Officer:

Mr. Patrick Collins

Company Overview:

Zip Co Limited provides point-of-sale credit and digital payment services to consumers and merchants in Australia, the United Kingdom, the United States, New Zealand, and South Africa. The company operates through ZIP AU, Zip Global, and Spotcap segments. It offers integrated retail finance solutions to merchants in the retail, education, health, and travel industries through online and in store. The company provides Zip Pay and Zip Money, which are digital wallets; and Pocketbook, a personal finance application to help people manage their finances, budget, and savings, as well as unsecured loans to small and medium sized businesses. In addition, it offers a Buy Now Pay Later services whereby consumers split repayments into equal instalments. The company was formerly known as ZipMoney Limited and changed its name to Zip Co Limited in December 2017. Zip Co Limited was incorporated in 2009 and is based in Sydney, Australia.

Z1P Share Price Information

Shares Issued:

554.74M

Market Capitalisation:

$3.73B

Revenue (TTM):

$247.70M

Revenue Per Share (TTM):

$0.57

Earnings per Share:

$-0.035

Profit Margin:

-1.7899

Operating Margin (TTM):

$-0.54

Return On Assets (TTM):

$-0.04

Return On Equity (TTM):

$-0.68

Quarterly Revenue Growth (YOY):

1.312

Gross Profit(TTM):

$51.66M

Diluted Earnings Per Share (TTM):

$-1.025

Z1P CashFlow Statement

CashFlow Date:

2020-06-30

Investments:

$-16,676,000

Change To Liabilities:

$-104,000

Total Cashflow From Investing Activities:

$-522,297,000

Net Borrowings:

$470.86M

Net Income:

$-19,941,000

Total Cash From Operating Activities:

$14.63M

Depreciation:

$4.70M

Other Cashflow From Investing Activities:

$-488,811,000

Change To Account Receivables:

$-6,261,000

Sale Purchase Of Stock:

$62.05M

Capital Expenditures:

$2.44M

Z1P Income Statement

Income Date:

2020-06-30

Income Before Tax:

$-20,589,000

Net Income:

$-19,941,000

Gross Profit:

$51.77M

Operating Income:

$-20,589,000

Interest Expense:

$-47,318,000

Income Tax Expense:

$-648,000

Total Revenue:

$157.10M

Cost Of Revenue:

$105.33M

Z1P Balance Sheet

Balance Sheet Date:

2020-06-30

Intangible Assets:

$25.09M

Total Liabilities:

$1.13B

Total Stockholder Equity:

$205.40M

Other Current Liabilities:

$17.08M

Total Assets:

$1.33B

Common Stock:

$274.15M

Retained Earnings:

$-88,372,000

Other Liabilities:

$13.98M

Good Will:

$53.44M

Other Assets:

$8.40M

Cash:

$32.71M

Total Current Liabilities:

$37.99M

Property - Plant & Equipment:

$11.67M

Net Tangible Assets:

$126.87M

Long-Term Investments:

$84.11M

Total Current Assets:

$1.16B

Long-Term Debt:

$1.08B

Net Receivables:

$1.12B

Short-Term Investments:

$1.29B

Accounts Payable:

$16.43M

Short-Term Investments:

$1.29

Non Current Liabilities (Other):

$13.98M

Non Current Liabilities Total:

$1.10B

Z1P Share Price History

Z1P News

27 Apr, 2021
Quadpay, a Zip company (ASX: Z1P), a global payment technology pioneer that gives consumers a simple, transparent, and financially responsible alternative to traditional credit cards, today announced a new partnership. ChargeAfter, the leading network of personalized point-of-sale consumer financing options for merchants, will add Quadpay and Zip’s Buy Now, Pay Later installments to its portfolio of consumer financing lenders and options for online and in-store shopping.
26 Apr, 2021
Leading Buy Now, Pay Later (BNPL) innovator Quadpay, a Zip Company (ASX:Z1P), today announced that Quadpay for Chrome, a browser extension that reimagines the BNPL shopping experience by providing desktop users a seamless way to shop online anywhere and pay over time, has earned a Best Webby nomination for Best Websites and Mobile Sites: Financial Services/Banking In the 25th Annual Webby Awards.
23 Apr, 2021
Quadpay, a Zip Co. Company (ASX:Z1P), the fastest growing Buy Now, Pay Later company in the U.S., today unveiled its inaugural four-day sales event ‘Quadpay Fest’ which will run from April 29 through May 2, 2021. Quadpay Fest will feature thousands of deals, secret promotions, cash back and giveaways across fashion, beauty, technology, electronics, home, travel, and lifestyle, from the most sought-after brands that rarely go on sale (think: Fashion Nova, Apple, Famous Footwear, Zara, Sunglass Hut, Target, Fanatics, Walmart, NewEgg, Nike, Gamestop, Victoria’s Secret, TickPick and more). Quadpay Fest is the first sale to seamlessly marry unprecedented bargains with the flexibility to pay over time, interest-free, everywhere consumers shop, attracting new customers and driving customer loyalty to retailers. Quadpay Fest deals, promotions and special giveaways will drop daily on the Quadpay Fest page and in the Quadpay app.
21 Apr, 2021
Zip Co Limited (ASX: Z1P), a leading player in the digital retail finance and payments industry, has strengthened its relationship with Adobe (NASDAQ: ADBE) and furthered the global expansion of Buy Now Pay Later (BNPL) by becoming an Accelerate partner in the Adobe Exchange Partner Program. Zip is committed to providing flexible, digital payment options to Magento’s network of merchants.
16 Apr, 2021
With the business potentially at an important milestone, we thought we'd take a closer look at Zip Co Limited's...
13 Apr, 2021
Australian buy-now-pay-later (BNPL) firm Zip Co Ltd on Tuesday posted record revenue, transaction volumes and customer growth in the third quarter and unveiled plans to expand into Canada and Southeast Asia, sending its shares soaring over 11%. The strong performance was driven by growth at Quadpay, its U.S. unit, where customers, volumes and revenue grew in triple digits as competition with larger rivals Afterpay, Klarna and Affirm in the world's top economy heats up.
08 Apr, 2021
All receivables were originated and are serviced by zipMoney Payments Pty Ltd (Zip, unrated, a wholly owned subsidiary of Zip Co Limited).Zip is an Australian non-bank fintech that was founded in 2013 as a buy-now-pay-later retail credit platform. Zip provides customers with a revolving line of credit to finance their retail purchase at a large variety of merchant partners.Series 2021-1 is the fourth issuance out of the Zip Master Trust.
19 Mar, 2021
All receivables were originated and are serviced by zipMoney Payments Pty Ltd (Zip, unrated, a wholly owned subsidiary of Zip Co Limited).Zip is an Australian non-bank fintech that was founded in 2013 as a buy-now-pay-later retail credit platform. Zip provides customers with a revolving line of credit to finance their retail purchase at a large variety of merchant partners.Series 2021-1 is the fourth issuance out of the Zip Master Trust.
25 Nov, 2020
This holiday shopping season is shaping up to be like no other. Retailers are offering sales and deals earlier than ever before. According to a recent survey of 1,600 adults conducted by Forethought Research on behalf of digital payment technology pioneer Quadpay, a Zip company, 95 percent of Americans are still planning to shop for the holidays but some unlikely folks will be left off the 2020 gift list.
19 Nov, 2020
Leading ‘buy now, pay later’ innovator Quadpay today announced the release of Quadpay for Chrome, a new browser extension that provides desktop users a seamless way to shop online anywhere and pay over time. Quadpay for Chrome extends the ability to use Quadpay across all devices and represents a major milestone in the company’s mission to provide consumers a more fair digital alternative to credit cards, anywhere they shop.
11 Nov, 2020
The CEO of Zip Co Limited (ASX:Z1P) is Larry Diamond, and this article examines the executive's compensation against...
10 Nov, 2020
Quadpay Acquires AI-Powered Visual Fashion Search Engine Urge
02 Nov, 2020
Zip Co Limited, a leading player in the digital retail finance and payments industry, announced today it has closed a A$100 million debt funding agreement with Victory Park Capital ("VPC"), a leading global alternative investment firm. Zip offers point-of-sale credit and digital payment services to the retail, home, health, automotive and travel industries. This is Zip’s second transaction with VPC, having closed a A$108 million asset-backed warehouse facility with the firm in 2015 that later grew to A$200 million, making VPC one of Zip’s earliest partners.
07 Oct, 2020
QuadPay, a pioneer in the Buy Now, Pay Later ("BNPL") market, and recently merging with Zip Co (ASX: Z1P), today announced the appointment of global sales leader and former PayPal executive, Laura Kane as senior vice president of enterprise sales. In addition, the company announced the appointment of ecommerce expert Kevin McKeand as vice president of business development and strategic partnerships.
24 Sep, 2020
QuadPay Secures Revolving Line of Credit of Up to $200 million from Goldman Sachs, Oaktree Capital
16 Sep, 2020
GameStop Teams Up with QuadPay to Power Buy Now Pay Later Installment Payments in All Retail Locations and at GameStop.com
31 Aug, 2020
QuadPay Partners with Mastercard Vyze to Make it Easy for Retailers to Offer Shoppers Buy Now Pay Later Installment Payments
26 Aug, 2020
The deal marks a foray into lending to businesses for the buy-now-pay-later firm, which along with peers such as Afterpay , is known for offering small interest-free instalment loans to individual shoppers and making money by charging merchants a commission. Zip said the partnership with eBay Australia marked the launch of its 'Zip Business' platform, which it will fund through a A$100 million ($72 million) debt facility with U.S. private equity firm Victory Park Capital Advisors.
02 Jun, 2020
QuadPay and Zip create a global payments business with more than 3.5 million customers and 26,000 merchant partners.
28 May, 2020
Generally speaking, investors are inspired to be stock pickers by the potential to find the big winners. Not every...