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Zip Co Limited (ASX:ZIP)

ALERT: Price-sensitive ASX Announcement for ZIP
Current share price for ZIP : $3.120 1.07 (52.20%)+
Announcement
Release
17 Apr 2026 8:24AM
Price at Release
$2.050
Full Release
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Summary
Zip Co Limited reported strong results for the third quarter of FY26, highlighting a record cash EBTDA of $65.1 million, which represents a 41.5% increase year-on-year. The company saw significant growth in total transaction volume (TTV), reaching $4.0 billion, and increased revenue to $335.2 million. Despite a slight reduction in the revenue margin to 8.4% due to higher US contributions, Zip maintained a robust cash net transaction margin of 3.9%. The US market drove considerable growth with TTV up by 43.1% and active customers increasing by 9.0%. The company expects credit losses to fall below 1.75% of TTV by 4Q26 due to effective management strategies. As a result of the strong performance, Zip upgraded its FY26 guidance for group cash EBTDA to be no less than $260.0 million.
Key Points
  • Record cash EBTDA of $65.1m, up 41.5% year on year.
  • Total transaction volume (TTV) grew to $4.0 billion, up 22.4%.
  • Revenue increased to $335.2 million, up 20.2%.
  • US TTV growth accelerated to 43.1%, with active customers up 9.0%.
  • Credit losses expected to decline to below 1.75% of TTV in 4Q26.
  • Upgraded FY26 Group cash EBTDA guidance to be no less than $260.0m.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.