Zip Co Ltd. (AU:ZIP) has released an update.
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Zip Co Ltd has reported a robust first-quarter performance for FY25, showcasing a remarkable 233.7% increase in Group Cash EBITDA to $31.7 million, fueled by strong U.S. growth. The U.S. division saw a significant 42.8% rise in Total Transaction Volume and a 43.9% increase in revenue. The company’s strategic management and market expansion continue to drive impressive financial outcomes in a challenging economic environment.
For further insights into AU:ZIP stock, check out TipRanks’ Stock Analysis page.