Zip Co Ltd (ASX: ZIP) Share Price and News
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Zip Co Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar. Market Cap $718.94 million
P/E Ratio N/A
Dividend Yield N/A
Shares Outstanding 687.98 million
Earnings per share -0.691
Dividend per share N/A
Year To Date Return -75.17%
Earnings Yield N/A
Franking N/A
Share Price
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Avg. Volume (1 month)
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as at 24 Feb 3:44pm
Zip Co Ltd (ASX: ZIP)
Latest News
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Frequently Asked Questions
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No, the buy now, pay later provider does not currently pay dividends.
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Sydney, Australia.
ZIP ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Zip Co Ltd
Zip Co Ltd (ASX: ZIP) is an Australian financial technology company that has grown its operations in Australia and New Zealand to provide customer services in 14 countries. Formerly Zipmoney Ltd, Zip Co offers point-of-sale credit and digital payment services to consumers and merchants via interest-free buy-now, pay-later (BNPL) technology.
First listed on the ASX in 2009, Zip Co emerged as Australia's second-largest BNPL provider as consumer demand for the payment system rocketed during the early stages of the COVID-19 pandemic. However, the Zip share price has languished at multi-year lows in 2022 amid various factors, including inflation, supply chain issues and BNPL industry regulation.
ZIP Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 17 Aug 2022 | $1.08 | $0.03 | 2.87% | 9,536,303 | $1.03 | $1.12 | $1.03 |
| 16 Aug 2022 | $1.05 | $-0.08 | -7.11% | 12,437,844 | $1.13 | $1.15 | $1.03 |
| 15 Aug 2022 | $1.13 | $-0.11 | -8.94% | 11,270,277 | $1.25 | $1.28 | $1.12 |
| 12 Aug 2022 | $1.23 | $-0.03 | -2.38% | 6,149,175 | $1.25 | $1.26 | $1.22 |
| 11 Aug 2022 | $1.26 | $0.03 | 2.44% | 15,013,797 | $1.31 | $1.34 | $1.25 |
| 10 Aug 2022 | $1.23 | $-0.02 | -1.59% | 5,918,600 | $1.23 | $1.28 | $1.22 |
| 09 Aug 2022 | $1.26 | $-0.02 | -1.57% | 10,238,657 | $1.27 | $1.30 | $1.24 |
| 08 Aug 2022 | $1.28 | $0.03 | 2.42% | 15,529,153 | $1.25 | $1.34 | $1.21 |
| 05 Aug 2022 | $1.24 | $-0.02 | -1.58% | 14,676,525 | $1.28 | $1.34 | $1.24 |
| 04 Aug 2022 | $1.27 | $-0.06 | -4.53% | 35,321,853 | $1.41 | $1.45 | $1.22 |
| 03 Aug 2022 | $1.33 | $0.11 | 9.02% | 37,822,291 | $1.20 | $1.37 | $1.15 |
| 02 Aug 2022 | $1.22 | $0.16 | 15.09% | 24,718,487 | $1.08 | $1.22 | $1.05 |
| 01 Aug 2022 | $1.06 | $-0.08 | -7.05% | 25,208,342 | $1.17 | $1.25 | $1.05 |
| 29 Jul 2022 | $1.14 | $-0.39 | -25.66% | 68,691,134 | $1.65 | $1.72 | $1.12 |
| 28 Jul 2022 | $1.52 | $0.28 | 22.58% | 61,000,692 | $1.40 | $1.52 | $1.32 |
| 27 Jul 2022 | $1.24 | $0.22 | 21.46% | 57,850,515 | $1.00 | $1.28 | $0.98 |
| 26 Jul 2022 | $1.03 | $0.17 | 19.88% | 34,135,036 | $0.85 | $1.07 | $0.85 |
| 25 Jul 2022 | $0.86 | $-0.03 | -3.41% | 18,971,078 | $0.84 | $0.92 | $0.80 |
| 22 Jul 2022 | $0.88 | $0.11 | 14.19% | 41,514,333 | $0.78 | $0.93 | $0.77 |
| 21 Jul 2022 | $0.78 | $0.11 | 16.54% | 28,604,942 | $0.69 | $0.78 | $0.63 |
| 20 Jul 2022 | $0.67 | $0.08 | 13.56% | 12,649,776 | $0.61 | $0.68 | $0.61 |
| 19 Jul 2022 | $0.59 | $0.00 | 0.00% | 5,746,209 | $0.59 | $0.60 | $0.57 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 31 May 2022 | Peter Gray | Issued | 84 | $245,716 | Issue of securities. 8,10,426 Performance Rights Implied value |
| 31 May 2022 | Larry Diamond | Issued | 88 | $256,016 | Issue of securities. Implied value 818,826 Performance Rights |
| 08 Apr 2022 | Peter Gray | Buy | 20 | $30,000 | Participation in share purchase plan. |
| 08 Apr 2022 | Diane Smith-Gander | Buy | 20 | $30,000 | Participation in share purchase plan. |
| 08 Apr 2022 | Larry Diamond | Buy | 20 | $30,000 | Participation in share purchase plan. |
| 08 Mar 2022 | Peter Gray | Exercise | 4 | $7,824 | Conversion of securities. 725,839 - Performance Rights |
| 08 Mar 2022 | Peter Gray | Buy | 4 | $7,824 | Conversion of securities. |
| 08 Mar 2022 | Larry Diamond | Exercise | 5 | $8,151 | Conversion of securities. 730,693 - Performance Rights |
| 08 Mar 2022 | Larry Diamond | Buy | 5 | $8,151 | Conversion of securities. |
| 07 Mar 2022 | Larry Diamond | Buy | 582 | $1,000,735 | On-market trade. |
| 07 Mar 2022 | Peter Gray | Buy | 290 | $500,000 | On-market trade. |
| 04 Mar 2022 | Diane Smith-Gander | Buy | 18 | $30,361 | On-market trade. |
| 04 Mar 2022 | Phillipa (Pippa) Downes | Buy | 17 | $29,966 | On-market trade. |
| 04 Mar 2022 | John Batistich | Buy | 17 | $29,223 | On-market trade. |
| 30 Nov 2021 | Larry Diamond | Issued | 29 | $150,405 | Issue of securities. |
| 30 Nov 2021 | Larry Diamond | Issued | 105 | $545,455 | Issue of securities. 735,756 - Performance Rights |
| 30 Nov 2021 | Peter Gray | Issued | 101 | $523,514 | Issue of securities. 730,699 - Performance Rights |
| 30 Nov 2021 | Peter Gray | Issued | 27 | $203,280 | Issue of securities. VWAP |
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Ms Diane Lee Smith-Gander | Non-Executive ChairmanNon-Executive Director | Feb 2021 | Ms Smith-Gander has Australian and international experience in banking and finance, technology, and strategic and management consulting. This includes as a former partner at McKinsey & Company, and Group Executive IT and Operations, Westpac Banking Corporation. She is Chair of Zip Co Limited, Chair of DDH1 Limited, Chair of Safe Work Australia, Chair of the Committee for Economic Development of Australia, Director of AGL Energy Limited, Keystart Loans Group and HBF Health Limited. She was a director of Wesfarmers Limited " |
| Mr Peter Gray | Chief Operating OfficerExecutive Director | Sep 2015 | Mr Gray co-founded Zip with Larry Diamond in 2013. Under his co-leadership, the company has grown to become a truly international BNPL business. An operations and consumer credit expert, Mr Gray has underwritten over 3 million customers, $7 billion in transaction volume and $2 billion in loan receivables in Australia alone since the company was founded. Mr Gray was the chief architect in developing Zip's market-leading credit and decisioning technology platform and the launch of Zip's Master Trust receivables funding program. Mr Gray oversees Zip's global operations including credit and risk management. Mr Gray is a respected Australian BNPL authority and commentator, with over 25 years' experience spanning regulated consumer credit, operations, risk, legal, compliance and publicly listed companies. |
| Mr Larry Diamond | Chief Executive OfficerManaging Director | Sep 2015 | Mr Diamond co-founded Zip with Peter Gray in 2013 with the goal of disrupting the broken credit card model, using technology to create a transparent, fairer and more flexible alternative. Mr Diamond has lead Zip from fintech start-up to one of Australia's leading digital payment tech companies. Today Zip is an ASX200 listed company with over seven million customers globally and a presence in 12 international markets. Prior to Zip Mr Diamond spent 12 years working in retail, technology and investment banking, where he first saw the opportunity to digitise financial services with innovative products that bring customers and merchants together. His career included two years at Deutsche Bank as a Senior Associate within the Corporate Finance team and three years as an Investment Banking Manager at Macquarie Capital. |
| Mr John Batistich | Non-Executive Director | Sep 2018 | Mr Batistich is an experienced growth leader who brings marketing, digital and human resources skills to the Board. Mr Batistich has over 24 years of cross sector experience in Research, Marketing, Digital and General Management with blue chip companies like Westfield Group, Interbrand, Wrigley Company, Pepsico Foods, Kimberley Clark and Lion Nathan. He was Chairman of Foodco Group Pty Limited, Foodco Holdings Pty Ltd, Jahnus Pty Limited, Jamaica Blue Pty Limited, Muffin Break Pty Ltd, and Insight Tools Pty Limited. He is a director of Chairman of Foodco Group Pty Limited, Foodco Holdings Pty Ltd, Jahnus Pty Limited, Jamaica Blue Pty Limited, Muffin Break Pty Ltd, and Insight Tools Pty Limited. |
| Mr Tai Minh Phan | Joint Company Secretary | Sep 2021 | - |
| Mr David James Franks | Company Secretary | Jun 2019 | - |
| Martin Brooke | Chief Financial Officer | - | |
| David James Franks | Company Secretary | - | |
| Tai Minh Phan | Joint Company Secretary | - |
Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| Diamond Venture Holdings Pty Ltd <Diamond Ft A/C> | 394,480,151 | 7.02% |
| HSBC Custody Nominees (Australia) Limited | 39,844,609 | 7.09% |
| Citicorp Nominees Pty Limited | 22,477,148 | 4.00% |
| J P Morgan Nominees Australia Pty Limited | 21,590,498 | 3.84% |
| HSBC Custody Nominees (Australia) Limited A/C 2 | 18,125,863 | 3.22% |
| Aje Company Pty Ltd <Aje Investment A/C> | 15,844,037 | 2.82% |
| Mr Peter John Gray | 15,211,776 | 2.71% |
| Bleeker Street Nominees Pty Ltd <Bleeker Street A/C> | 10,430,273 | 1.86% |
| Merrill Lynch (Australia) Nominees Pty Limited <Seg A/C> | 8,372,458 | 1.49% |
| UBS Nominees Pty Ltd | 7,879,776 | 1.40% |
| National Nominees Limited | 7,619,721 | 1.36% |
| Mr Adam Marc Finger | 5,403,147 | 0.96% |
| Bleeker Street Nominees Pty Limited <Bleeker Street A/C> | 4,676,542 | 0.83% |
| BNP Paribas Nominees Pty Ltd <Ib Au Noms Retailclient Drp> | 4,567,519 | 0.81% |
| Acn 163 625 198 Pty Ltd <Sr 71 A/C> | 3,977,382 | 0.71% |
| Sirius Enterprises Pty Ltd <Sirius A/C> | 3,811,782 | 0.68% |
| Adam Jordan Ezra | 3,792,405 | 0.67% |
| BNP Paribas Nominees Pty Ltd <Agency Lending Drp A/C> | 3,186,637 | 0.57% |
| Mr Brad Marc Lindenberg | 3,035,604 | 0.54% |
| Rocket Internet Capital Partners Scs <Ricp Scs A/C> | 2,954,596 | 0.53% |