Zip Co (Z1P.AX) Stock Price

Zip Co Price

Delisted

Over the last 11 years Zip Co grew revenue by 106.0% annually, reaching 397.26 M AUD. For Zip Co, the net margin of -165.8% is down versus -121.8% a few years ago. Of 14 analysts, 2 rate the stock a buy — an overall Sell consensus.

Zip Co stock price

Volume
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Stock Price

How to Read This Chart

This chart tracks the historical stock price of Zip Co over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Zip Co stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Zip Co's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Zip Co Stock Price History
DateZip Co Price
Access this data via the Eulerpool API

Zip Co Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2019
82.38 M AUD
-11.13 M AUD
-11.13 M AUD
Jan 1, 2020
160.18 M AUD
-55.22 M AUD
-19.94 M AUD
Jan 1, 2021
397.26 M AUD
-276.11 M AUD
-658.77 M AUD
Jan 1, 2022 (e)
665.46 M AUD
-332.32 M AUD
-271.61 M AUD
Jan 1, 2023 (e)
992.12 M AUD
-245.56 M AUD
-159.68 M AUD
Jan 1, 2024 (e)
1.27 B AUD
-99.92 M AUD
-71.00 M AUD
Jan 1, 2025 (e)
1.74 B AUD
-141.18 M AUD
-104.30 M AUD
Jan 1, 2026 (e)
2.41 B AUD
-201.47 M AUD
-154.75 M AUD

Zip Co Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 5, 2026, 9:53 PM
 
REVENUEB AUD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM AUD
EBITM AUD
EBIT MARGIN%
NET INCOMEM AUD
NET INCOME GROWTH%
SHARESM
201120122013201420152016201720182019202020212022e2023e2024e2025e2026e
0.020.040.080.160.400.670.991.271.742.41
700.00143.75110.2695.12148.1367.5149.1727.8237.1538.53
6,900.00-6.2517.9536.5932.5034.7634.7634.7634.7634.7634.76
138.00138.00138.00138.00138.00138.00-1.007.0030.0052.00138.00231.16344.83440.77604.49837.39
-2.00-1.00-2.00-2.00-4.00-19.00-22.00-11.00-55.00-276.00-332.00-245.00-99.00-141.00-201.00
-200.00-118.75-56.41-13.41-34.38-69.52-49.92-24.70-7.81-8.11-8.34
-2.00-1.00-1.00-2.00-8.00-20.00-22.00-11.00-19.00-658.00-271.00-159.00-70.00-104.00-154.00
100.00-50.00100.00150.0010.00-50.0072.733,363.16-58.81-41.33-55.9748.5748.08
105.96108.45119.93100.74157.20145.14235.26287.48316.16375.62514.03514.03514.03514.03514.03514.03
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Zip Co generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Zip Co retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Zip Co's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Zip Co has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Zip Co's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Zip Co stock margins

The Zip Co margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Zip Co. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Zip Co.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2017
-8.54 %
-117.46 %
-121.78 %
Jan 1, 2018
20.01 %
-56.76 %
-57.04 %
Jan 1, 2019
37.56 %
-13.51 %
-13.51 %
Jan 1, 2020
32.75 %
-34.47 %
-12.45 %
Jan 1, 2021
34.76 %
-69.50 %
-165.83 %
Jan 1, 2022 (e)
34.76 %
-49.94 %
-40.82 %
Jan 1, 2023 (e)
34.76 %
-24.75 %
-16.10 %
Jan 1, 2024 (e)
34.76 %
-7.88 %
-5.60 %

Zip Co Stock Revenue, EBIT, Earnings per Share

The Zip Co earnings per share therefore indicates how much revenue Zip Co has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2017
0.07 AUD
-0.08 AUD
-0.09 AUD
Jan 1, 2018
0.14 AUD
-0.08 AUD
-0.08 AUD
Jan 1, 2019
0.26 AUD
-0.04 AUD
-0.04 AUD
Jan 1, 2020
0.43 AUD
-0.15 AUD
-0.05 AUD
Jan 1, 2021
0.77 AUD
-0.54 AUD
-1.28 AUD
Jan 1, 2022 (e)
1.13 AUD
-0.65 AUD
-0.46 AUD
Jan 1, 2023 (e)
1.68 AUD
-0.48 AUD
-0.27 AUD
Jan 1, 2024 (e)
2.15 AUD
-0.19 AUD
-0.12 AUD

Zip Co business model & stock analysis

Zip Co Ltd is an Australian fintech company that was founded in 2013 by Larry Diamond and Peter Gray and is headquartered in Sydney. It is a leading provider of digital payment and credit solutions that enable customers to make their purchases more flexible and convenient. The history of Zip began as a small startup company specializing in e-commerce payments. Over the years, however, the company expanded and also offered other financial services such as loans, leasing, and investment products. Zip's business model is based on the idea that payment flexibility is an important factor in customers' decision-making when making a purchase. For example, customers can pay for their purchases in installments or settle the invoice amount later. The company has expanded its business operations into various sectors to appeal to a broader customer base. This includes a range of products provided on a digital platform, including Zip Pay, Zip Money, Zip Biz, Zip Home, and Zip Money Invest. Zip Pay is a digital credit product that allows customers to pay for their purchases in installments. It is particularly attractive to small and medium-sized businesses that want to offer their customers a flexible payment option. Zip Money is a product for customers who need larger credit amounts. It is similar to a personal loan or a loan for the purchase of important items such as cars or furniture. Zip Biz is aimed at small and medium-sized businesses that need access to fast and uncomplicated financing solutions. Zip Home offers homeowners financing options for renovations and repairs. Customers can flexibly determine the loan amount and repayment period. Finally, Zip Money Invest is an investment platform for customers who want to invest in different asset classes. Customers can invest their money in various asset classes such as stocks, ETFs, and cryptocurrencies. Zip Co Ltd is a company dedicated to using technology to create new and exciting ways for customers to manage their finances and improve their shopping experience. It has established itself as an innovative and reliable provider of payment and credit solutions and is expected to continue to grow and expand in the coming years.

Zip Co SWOT Analysis

Strengths

Zip Co Ltd has several strengths that contribute to its success in the market:

  • Strong brand recognition and reputation
  • Wide range of innovative and flexible payment solutions
  • Ability to offer interest-free installment plans
  • Effective use of technology and data analytics to drive customer engagement and loyalty
  • Strong partnerships with established retailers

Weaknesses

However, there are some weaknesses that Zip Co Ltd should address:

  • Relatively smaller market share compared to some competitors
  • Higher interest rates for longer-term payment plans
  • Limited presence in international markets

Opportunities

Zip Co Ltd can capitalize on the following opportunities:

  • Growing demand for flexible and convenient payment options
  • Expansion into international markets with high growth potential
  • Partnerships with emerging fintech startups to enhance product offerings
  • Development of new digital payment solutions to cater to changing consumer preferences

Threats

There are also certain threats that Zip Co Ltd should be mindful of:

  • Intense competition and entry of new players in the market
  • Regulatory changes impacting the consumer lending industry
  • Potential economic downturn affecting consumer spending behavior
  • Data security and privacy concerns

Zip Co Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Zip Co historical P/E ratio, EBIT multiple, and P/S ratio

Zip Co annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Zip Co shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2017
235.26 M Stocks
Jan 1, 2018
287.48 M Stocks
Jan 1, 2019
316.16 M Stocks
Jan 1, 2020
375.62 M Stocks
Jan 1, 2021
514.03 M Stocks
Jan 1, 2022 (e)
514.03 M Stocks
Jan 1, 2023 (e)
514.03 M Stocks
Jan 1, 2024 (e)
514.03 M Stocks

Zip Co stock splits

In Zip Co's history, there have been no stock splits.

Current Zip Co forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
14.29 % (2)
Hold
28.57 % (4)
Sell
57.14 % (8)
12M Price Target
2.05
Last Price
0.00
Currency
AUD
12M Return Potential
0 %
LTM Return
0 %

Zip Co Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
2/22/2023-0.03AUD-437.46 MAUD-2023 Q2
8/23/2022-0.18AUD-346.62 MAUD-2022 Q4
2/28/2022-0.12AUD-306.02 MAUD-2022 Q2
8/25/2021-0.18AUD-183.21 MAUD-2021 Q4
2/25/2021-AUD-100.48 MAUD-2021 Q2
8/22/2019-0.06AUD-50.24 MAUD-2019 Q4

Frequently asked questions about Zip Co

The business model of Zip Co Ltd revolves around providing innovative and flexible digital payment solutions. Zip Co Ltd operates as a leading Buy Now, Pay Later (BNPL) provider, offering interest-free installment plans for online and in-store purchases. By partnering with various merchants globally, Zip Co Ltd allows customers to split their payments into manageable installments, making it more convenient and budget-friendly. With a user-friendly mobile app and seamless integration, Zip Co Ltd aims to enhance the overall shopping experience for its customers. As a prominent player in the BNPL industry, Zip Co Ltd continues to expand its services and cater to the evolving needs of both consumers and businesses.

Zip Co Ltd is primarily active in the industries of technology and financial services.

The main competitors of Zip Co Ltd in the market include Afterpay Limited, Splitit Ltd, and Sezzle Inc.

Zip Co Ltd is an Australian-based financial technology company that offers point-of-sale credit and digital payment services. Established in 2013, Zip Co has rapidly gained popularity in the market, providing innovative and convenient payment solutions. The company enables customers to make purchases and pay later, either interest-free or with interest, depending on the selected payment plan. Zip Co has partnered with numerous merchants across various industries, allowing customers to use their Zip accounts for online and in-store purchases. With its user-friendly interface and flexible payment options, Zip Co Ltd has emerged as a prominent player in the digital finance industry, providing convenient credit solutions to consumers.

Zip Co Ltd has achieved several significant milestones since its inception. Firstly, the company successfully expanded its innovative Buy Now, Pay Later service globally, establishing a strong presence in Australia, New Zealand, and the United Kingdom. Zip Co Ltd also acquired two major businesses, PartPay and SpotCap, further enhancing its growth and diversifying its product offerings. Additionally, the company partnered with numerous prominent retailers, increasing its customer base and gaining market share. Zip Co Ltd's exceptional growth and continuous innovation in the fintech industry demonstrate its commitment to providing convenient and flexible payment solutions for consumers worldwide.

Zip Co Ltd is primarily present in Australia and New Zealand.

Zip Co Ltd is a leading company that operates in the financial technology sector. The values and corporate philosophy that Zip Co Ltd represents are centered around innovation, transparency, and customer satisfaction. With a strong focus on providing convenient and accessible financial services, Zip Co Ltd aims to empower individuals and businesses to make smarter financial decisions. By blending technological advancements with a customer-centric approach, the company strives to create seamless and user-friendly experiences. Zip Co Ltd's commitment to transparency and ethical practices ensures trust and reliability in its services, making it a preferred choice for many customers and investors.

14 analysts currently rate the Zip Co stock: 2 recommend buying, 4 holding and 8 selling.

The Zip Co share (Z1P.AX) is listed on 1 stock exchanges, including: ASX (Z1P.AX).

Zip Co Ltd is an Australian company that provides financial services. It specializes in providing financing solutions to consumers and businesses and acts as an interface between them. The company offers a variety of products such as loans, payment plans, loans, and debit cards, which allow customers to pay for their purchases in installments. One of Zip Co Ltd's most popular divisions is the Zip Pay platform, which offers customers flexible payment options. The platform functions like a line of credit or virtual credit card, allowing customers to make purchases as needed and split their expenses in a flexible manner. Zip Co Ltd also has another platform called Zip Money, which allows customers to make larger purchases and pay for them in installments. This platform is aimed at customers who have a higher demand for financing solutions and need a higher credit limit. Another division of Zip Co Ltd is the Zip Biz platform, which focuses on small and medium-sized businesses and offers them financing solutions. The platform also provides accounting services and other financial services such as invoicing and payroll. Zip Co Ltd also has a mobile app called Pocketbook, which serves as a financial planning platform and helps users keep track of their expenses and manage their finances. Pocketbook allows users to track their income and expenses, plan budgets, and even save money. Zip Co Ltd's business model is focused on growth and user engagement. The various platforms and products are designed to attract customers who need financing and value the flexibility offered to them. An important role in this is the fast and easy onboarding, which allows customers to obtain a line of credit or arrange installments for a purchase within minutes. To further drive growth, Zip Co Ltd works closely with merchants and offers them special offers and discounts for customers who shop through Zip Co Ltd's platforms. Through these partnerships, Zip Co Ltd can acquire new customers and expand the offering for existing customers. Overall, Zip Co Ltd's business model is aimed at addressing customers' financing needs and offering them flexible and user-friendly solutions. The company aims to continue growing and expand into new markets and customer segments to further solidify its position as one of the leading fintech companies in Australia and worldwide.

The revenue cannot currently be calculated for Zip Co.

The profit cannot currently be calculated for Zip Co.

The P/E ratio cannot be calculated for Zip Co at the moment.

The P/S cannot be calculated for Zip Co currently.

The Eulerpool Quality Score for Zip Co is 4/10.

The ISIN of Zip Co is AU000000Z1P6. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Zip Co is A2JBV3. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Zip Co is Z1P.AX. The ticker symbol is used to trade Zip Co shares on the stock exchange.

Zip Co is assigned to the 'Finance' sector.

The dividends of Zip Co are distributed in AUD.

All fundamentals and in-depth analysis of Zip Co

Our stock analysis for Zip Co stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Zip Co. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.