Business
Zip (ASX:Z1P) share price on watch with 130% revenue growth in HY21 – The Motley Fool Australia
The Zip Co Ltd (ASX:Z1P) share price will be on watch today after it reported 130% growth of revenue for the first half of FY21.
The Zip Co Ltd (ASX: Z1P) share price will be on watch today after revealing strong levels of growth in its FY21 half-year result.
What did Zip report?
Zip revealed that it generated record revenue of $160 million, which was growth of 130% year on year. At December 2020 it was generating annualised revenue of at least $480 million.
This revenue growth was made possible thanks to total transaction volume (TTV) growth of 141% year on year to $2.32 billion – this was annualising at $7.5 billion at…
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