Zip Co Limited (ASX:ZIP) Releases April 2025 Trading Update
Financial Performance
Zip Co Limited reported a record cash EBTDA of $46.0 million for FY25, up from $7.9 million in FY24. Total transaction value reached $12.1 billion, with 6.3 million active customers and 88.2 million annual transactions.
Operational Update
The company experienced significant growth in the US market, contributing 73% of TTV. Zip also launched a $50 million share buyback program, having purchased 3.9 million shares to date. There are no material changes to credit loss performance.
Future Outlook
Zip reaffirmed its FY25 guidance with an expected cash EBTDA of at least $153.0 million. The company remains on track to meet its two-year target ranges, supported by stable cash and liquidity levels.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Zip Co. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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