Company News Summary | 20 Jan 2022

Click the print icon in your browser to print this report. Currency is in AUD unless otherwise specified

Zip Co Provides Q2 FY 2022 Results Update

08:53:00 | Associate analysts

Original annuncemenet:Q2 FY22 - Zip momentum continues

Zip Co announced its Q2 results for the period ending 31 December 2021. It remains well placed with regards to its capital management requirements. It signed enterprise merchants including Footlocker, Mercari, Revolve, Shein, Driven Brands, Swappa, Electronics Express, Nespresso, Virgin Australia, Oscar Wylee, Culture Kings, Under Armour and many more. It completed the acquisition of Twisto providing a regional HQ and passport for European expansion. The acquisition of Payflex is expected to complete in early 2022.

This report appeared on www.morningstar.com.au 2022 Morningstar Australasia Pty Limited

© Copyright 2022 Morningstar Australasia Pty Ltd ABN: 95 090 665 544 ("Morningstar"), AFSL no 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").

DISCLAIMER: To the extent that any of the content above constitutes advice, it is general advice that has been prepared without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain appropriate financial, legal and taxation advice before making any financial investment decision. If applicable, investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/About/ FSG or phone Morningstar on 1800 03 44 55 to request a copy. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for any use or distribution of any of this information

DISCLOSURE: Employees may have an interest in the securities discussed in this report.