Buy Or Sell Opportunity • 7h
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 107% to €1.84. The fair value is estimated to be €1.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €1.69, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 9x in the Consumer Finance industry in Europe. Total returns to shareholders of 492% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.55 per share. お知らせ • Feb 20
Zip Co Limited (ASX:ZIP) announces an Equity Buyback for 92,161,082 shares, representing 7.25% for AUD 50 million. Zip Co Limited (ASX:ZIP) announces a share repurchase program. Under the program, the company will repurchase up to 92,161,082 shares, representing 7.25% of issued share capital for AUD 50 million. The program will be valid till March 5, 2027. As of February 20, 2026, the company had 1,270,683,586 shares issued. お知らせ • Feb 18
Zip Us Launches "In You We Trust," A Brand Platform That Puts Confidence Back in Customers' Financial Decisions Zip Co Limited announced the launch of its new brand platform, "In You We Trust", which articulates Zip's belief in customers' financial choices and guides how the company shows up through its products, policies, and partnerships. The platform launches with "You Trust Me?," a national campaign, developed in partnership with Majority Agency and Noble People, running from February through June 2026. The brand platform was born from real conversations with customers who have often been overlooked by traditional financial systems. In addition to the campaign, Zip's product team has made thoughtful evolutions to the app experience and introduced new payment constructs and features that deepen the trust experience beyond the campaign. The launch campaign recognizes customers as considered and capable financial decision-makers. The creative builds from everyday moments into playfully exaggerated scenarios where customers ask Zip "You Trust Me?" The response is always the same: Zip trusts you with money. The campaign highlights product constructs (from flexible payment dates to clear, upfront fees) designed to enable this trust and features one of Zip's customers, Destiny Modeste, in the campaign's Anthem video, grounding the platform in real customer experiences. お知らせ • Feb 06
Zip US Expands Flexible Payment Options with Launch of Pay in 2 Zip Co Limited announced the launch of Pay in 2, a new payment option that allows consumers to split a purchase into two installments paid over two weeks. Pay in 2 offers customers more control and flexibility to choose the payment plan that works best for them, making everyday purchases more manageable. While Zip's Pay in 4 offering has helped millions of customers manage larger purchases over six weeks, Pay in 2 is designed to help manage cash flow and everyday spending within a single billing cycle. The launch of Pay in 2 follows a recent pilot that highlighted strong demand for a shorter installment option designed for everyday spending. Notably, 95% of surveyed participants said they would use Pay in 2 again, with future use centered on everyday needs like groceries and bills. Zip is introducing a limited-time incentive for early adopters. From February 9 through February 15, the first 100 customers per day to successfully start a purchase using Pay in 2 will receive one year of no origination fees on every subsequent Pay in 2 order. Terms and conditions apply. お知らせ • Jan 12
Zip Co Limited to Report First Half, 2026 Results on Feb 19, 2026 Zip Co Limited announced that they will report first half, 2026 results on Feb 19, 2026 お知らせ • Sep 02
Zip Co Limited, Annual General Meeting, Nov 07, 2024 Zip Co Limited, Annual General Meeting, Nov 07, 2024. New Risk • Sep 01
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). New Risk • Aug 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). お知らせ • Aug 14
Zip Co Limited to Report Fiscal Year 2024 Results on Aug 27, 2024 Zip Co Limited announced that they will report fiscal year 2024 results on Aug 27, 2024 New Risk • Jul 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 55% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change). Breakeven Date Change • Jun 30
Forecast breakeven date pushed back to 2026 The 6 analysts covering Zip Co previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 80% per year to 2025. The company is expected to make a profit of AU$12.5m in 2026. Average annual earnings growth of 4.5% is required to achieve expected profit on schedule. Breakeven Date Change • Feb 29
Forecast to breakeven in 2024 The 7 analysts covering Zip Co expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$66.0m in 2024. Earnings growth of 16% is required to achieve expected profit on schedule. お知らせ • Jan 22
Zip Co Limited to Report First Half, 2024 Results on Feb 27, 2024 Zip Co Limited announced that they will report first half, 2024 results on Feb 27, 2024 お知らせ • Sep 22
Zip Co Limited Announces Resignation of David Franks as Joint Company Secretary Zip Co Limited announced that David Franks has resigned as Joint Company Secretary, on 21 September 2023. Tai Phan remains the Company Secretary for Zip. お知らせ • Sep 18
Zip Co Limited Announces CFO Changes Zip Co Limited announced the appointment of Gordon Bell as Group Chief Financial Officer (CFO), following an orderly succession planning process. After almost seven years as CFO at Zip, Martin Brooke will step down from his role on 29 September 2023 and Mr. Bell will formally commence as Zip Group CFO on 2 October 2023, after an initial hand-over period with Mr. Brooke. Mr. Brooke will remain available to the company for a period of time to ensure a smooth transition. Mr. Bell is a highly credentialed financial executive with more than 25 years' experience in financial services, capital markets and senior funding and liquidity roles. He spent seven years at Westpac in roles including as the General Manager Group Finance, Chief Financial Officer of the Business Division and as a Managing Director in Group Treasury. Prior to this, he spent 10 years with the Barclays Group in various roles including Managing Director and Treasurer, Asia Pacific, and as the Chief Financial Officer Officer for Japan, Greater China and Australia. Gordon started his career at KPMG in the audit and advisory division, based in Sydney and London. お知らせ • Sep 01
Zip Co Limited, Annual General Meeting, Nov 09, 2023 Zip Co Limited, Annual General Meeting, Nov 09, 2023, at 10:00 AUS Eastern Standard Time. Breakeven Date Change • Aug 30
No longer forecast to breakeven The 7 analysts covering Zip Co no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$20.4m in 2026. New consensus forecast suggests the company will make a loss of AU$12.8m in 2026. New Risk • Aug 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$375m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-AU$375m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$30m net loss in 3 years). Share price has been volatile over the past 3 months (7.5% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). お知らせ • Aug 24
Zip Co Limited to Report Fiscal Year 2023 Results on Aug 29, 2023 Zip Co Limited announced that they will report fiscal year 2023 results on Aug 29, 2023 Breakeven Date Change • Aug 20
Forecast to breakeven in 2026 The 7 analysts covering Zip Co expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$4.28m in 2026. Average annual earnings growth of 98% is required to achieve expected profit on schedule. お知らせ • Aug 17
Paramara acquired Twisto payments a.s. from Zip Co Limited (ASX:ZIP). Paramara signed an agreement to acquire Twisto payments a.s. from Zip Co Limited (ASX:ZIP) on March 30, 2023. Subject to closing conditions, including regulatory approval and along with previously announced actions to wind down its operations in the Middle East.Paramara completed the acquisition of Twisto payments a.s. from Zip Co Limited (ASX:ZIP) on August 17, 2023. Royal Park Partners acted as financial and strategic advisor to Twisto payments and Zip Co Limited. Odin Financial Advisors, Inc. acted as financial and strategic advisor to Paramara and its shareholders. お知らせ • Jul 18
Zip Co Limited Appoints Andy Stearns as Senior Vice President and Head of Merchant Business Zip Co Limited appointed veteran payments and financial services industry leader Andy Stearns as Senior Vice President and Head of Merchant Business, starting immediately, for the U.S. market. In his new role, Stearns will focus on accelerating the growth of Zip’s merchant network and driving product innovation to assist retail merchants in effectively capitalizing on Zip's mission and commitment to creating a financially fearless world, attracting customers who value flexible payment options, and promoting financial well-being among all. Before joining Zip, Stearns spearheaded all customer management groups within Capital One's Business Cards & Payments organization. His influence extended to small, mid-sized, and large companies throughout the United States. Prior, Stearns led the go-to-market efforts of Capital One’s Commercial Card business as a founding member of the team, leading the growth of sales, customer management, sales strategy and analytics as well as marketing and product strategy since the inception of the business, playing a pivotal role in propelling Capital One's Commercial Card business toward rapid growth. During his tenure at American Express, Stearns served as director of small business relationship management and global corporate payments business development. Andy earned a bachelor's degree from Cornell University. Stearns is deeply committed to social justice, education, and poverty alleviation, as evidenced by his dedicated volunteer work with organizations such as World Vision, Harbor House Ministries, and Commonwealth Catholic Charities. Through his involvement, he has actively contributed to creating positive change in communities at home and around the world empowering individuals in need. Board Change • Nov 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Meredith Scott was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 02
Full year 2022 earnings released: AU$1.81 loss per share (vs AU$1.32 loss in FY 2021) Full year 2022 results: AU$1.81 loss per share (further deteriorated from AU$1.32 loss in FY 2021). Revenue: AU$620.0m (up 57% from FY 2021). Net loss: AU$1.11b (loss widened 63% from FY 2021). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Consumer Finance industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 31 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 26
Full year 2022 earnings released: AU$1.81 loss per share (vs AU$1.28 loss in FY 2021) Full year 2022 results: AU$1.81 loss per share (down from AU$1.28 loss in FY 2021). Revenue: AU$620.0m (up 56% from FY 2021). Net loss: AU$1.11b (loss widened 68% from FY 2021). Over the next year, revenue is forecast to grow 19%, compared to a 21% growth forecast for the Consumer Finance industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Pippa Downes was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 09
Co-Founder recently bought €675k worth of stock On the 7th of March, Larry Diamond bought around 583k shares on-market at roughly €1.16 per share. This was the largest purchase by an insider in the last 3 months. This was Larry's only on-market trade for the last 12 months. Reported Earnings • Mar 02
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: AU$0.38 loss per share (up from AU$0.95 loss in 1H 2021). Revenue: AU$301.3m (up 89% from 1H 2021). Net loss: AU$214.3m (loss narrowed 53% from 1H 2021). Revenue exceeded analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 50%, compared to a 87% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Breakeven Date Change • Mar 01
No longer forecast to breakeven The 8 analysts covering Zip Co no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$15.7m in 2024. New consensus forecast suggests the company will make a loss of AU$45.1m in 2024. Breakeven Date Change • Dec 18
No longer forecast to breakeven The 9 analysts covering Zip Co no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$23.7m in 2024. New consensus forecast suggests the company will make a loss of AU$8.34m in 2024. Reported Earnings • Oct 01
Full year 2021 earnings released: AU$1.28 loss per share (vs AU$0.053 loss in FY 2020) The company reported a decent full year result with improved revenues, although losses increased and control over costs was weaker. Full year 2021 results: Revenue: AU$397.1m (up 148% from FY 2020). Net loss: AU$658.8m (loss widened AU$638.8m from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 196 percentage points per year, which is a significant difference in performance. Breakeven Date Change • Sep 23
Forecast to breakeven in 2024 The 10 analysts covering Zip Co expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$14.7m in 2024. Average annual earnings growth of 94% is required to achieve expected profit on schedule. Breakeven Date Change • Aug 26
Forecast to breakeven in 2023 The 7 analysts covering Zip Co expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$422.4k in 2023. Average annual earnings growth of 111% is required to achieve expected profit on schedule. Reported Earnings • Aug 26
Full year 2021 earnings released: AU$1.27 loss per share (vs AU$0.053 loss in FY 2020) The company reported a decent full year result with improved revenues, although losses increased and control over costs was weaker. Full year 2021 results: Revenue: AU$402.7m (up 157% from FY 2020). Net loss: AU$653.1m (loss widened AU$633.2m from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 199 percentage points per year, which is a significant difference in performance. Breakeven Date Change • Jul 26
Forecast breakeven pushed back to 2024 The 10 analysts covering Zip Co previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of AU$60.0m in 2024. Average annual earnings growth of 79% is required to achieve expected profit on schedule. Breakeven Date Change • Jul 23
Forecast breakeven pushed back to 2024 The 10 analysts covering Zip Co previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of AU$60.0m in 2024. Average annual earnings growth of 79% is required to achieve expected profit on schedule. Executive Departure • Mar 02
Independent Non-Executive Director has left the company On the 2nd of March, Philip Crutchfield's tenure as Independent Non-Executive Director ended after 5.2 years in the role. As of December 2020, Philip personally held 3.80m shares (€12m worth at the time). A total of 2 executives have left over the last 12 months. Reported Earnings • Feb 27
First half 2021 earnings released: AU$0.95 loss per share (vs AU$0.084 loss in 1H 2020) The company reported a decent first half result with improved revenues, although losses increased and control over costs was weaker. First half 2021 results: Revenue: AU$159.8m (up 131% from 1H 2020). Net loss: AU$453.8m (loss widened AU$423.4m from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 96% per year but the company’s share price has increased by 123% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 06
New 90-day high: €5.65 The company is up 54% from its price of €3.66 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Finance industry, which is up 31% over the same period. Is New 90 Day High Low • Jan 21
New 90-day high: €4.00 The company is up 1.0% from its price of €3.98 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 25% over the same period. Is New 90 Day High Low • Dec 08
New 90-day low: €3.14 The company is down 25% from its price of €4.16 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Is New 90 Day High Low • Nov 02
New 90-day low: €3.32 The company is down 14% from its price of €3.86 on 04 August 2020. The German market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Reported Earnings • Oct 01
Full year earnings released - €0.053 loss per share Over the last 12 months the company has reported total losses of AU$19.9m, with losses widening by 77% from the prior year. Total revenue was AU$157.0m over the last 12 months, up 91% from the prior year. 