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Zip (ASX:Z1P) share price on watch with 130% revenue growth in HY21 Tristan Harrison | February 25, 2021 10:15am | More on: The 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 December 2020. Zip reported that it made positive cash earnings before tax, depreciation and amortisation (EBTDA) with cash gross profit margins increasing to 54%. The buy now, pay later company said that it is demonstrating market leading unit economics whilst investing for global growth.

New zealandUnited kingdomScott phillipsCo ltdHarvey norman holdings limitedAdore beauty group ltdZip co ltdSunglass hutMotley fool share advisorபுதியது ஜீலாந்துஒன்றுபட்டது கிஂக்டம்ஸ்காட் பிலிப்ஸ்இணை லிமிடெட்ஹார்வி நார்மன் ஹோல்டிங்ஸ் வரையறுக்கப்பட்டவைஸிப் இணை லிமிடெட்சன்கிளாஸ் குடிசை