Zip Co Ltd. (AU:ZIP) has released an update.
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Zip Co Ltd. has reported a robust full-year financial performance for FY24, with Group cash EBITDA soaring to $69.0 million, a 243.2% increase from FY23. Revenue climbed by 28.2% to $868.0 million, while Total Transaction Volume hit a record $10.1 billion, up by 14% compared to the previous year. The company attributes this growth to strong operational execution across its American and ANZ regions, product innovation, and strategic marketing efforts.
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