Zip Co Limited reported a strong third quarter in 2024, with a notable performance in the US market contributing to an underlying Group cash EBTDA of $20.1m, driven by accelerated TTV growth and margin expansion, particularly in the US and Australia.
The company also highlighted significant revenue growth of 26.6% compared to the same quarter the previous year, improved revenue margins to 9.1%, and a successful completion of $1.1bn in receivables funding transactions, alongside a strategic focus on product innovation and operational excellence.
ASX Code : ZIP