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Zip Co Limited (ASX:ZIP)

ALERT: Price-sensitive ASX Announcement for ZIP
Current share price for ZIP : $2.120 -0.46 (-17.83%)+
Announcement
Release
20 Aug 2026 8:50AM
Price at Release
$2.580
Full Release
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Summary
The FY26 Investor Presentation for Zip Co Limited highlights significant financial growth and strategic achievements. The company reported a 24.6% increase in total income, reaching $1.347 billion, supported by a 26.2% rise in cash gross profit. Cash EBTDA surged by 57.9% to $268.9 million, surpassing their guidance. The net profit before tax increased dramatically by 473.4% to $145.3 million. Zip's operations in the US contributed significantly, with US transactions now making up 76% of Total Transaction Volume (TTV), which grew by 27.2% to $16.7 billion. The company maintained strong unit economics and operating efficiency, with a focus on leveraging AI and strategic investments to foster growth. Zip's strategy also included enhancing customer engagement and expanding its platform capabilities, with specific FY27 priorities set for both the US and ANZ markets.
Key Points
  • Total income increased by 24.6% to $1.347 billion.
  • Cash EBTDA up 57.9% to $268.9 million.
  • Net profit before tax increased by 473.4% to $145.3 million.
  • US operations constitute 76% of TTV.
  • Total transaction volume grew by 27.2% to $16.7 billion.
  • Strong focus on AI and strategic investments for growth.
  • FY27 priorities include enhancing customer engagement and platform capabilities.
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.