• Sustainably profitable business with significant US opportunity
• High-growth US business (70% of TTV) continues to increase share
• Leading, profitable ANZ business with strong track record in innovation

Zip Co Ltd (ASX: ZIP) has released its 1H FY25 Investor Presentation, highlighting a sustainably profitable business with significant opportunity in the US market. The company's high-growth US business now accounts for 70% of total transaction value (TTV) and continues to increase its market share in an attractive market. Zip's leading, profitable ANZ business also maintains a strong track record in product innovation. The company's two-sided business model is driving sustainable, profitable growth, with significant operating leverage demonstrated in the 1H FY25 results. Key highlights include a 30.1% year-over-year increase in cash gross profit, a 117.1% increase in cash EBTDA, and an expansion in operating margin to 13.0%. Zip has also strengthened its balance sheet, repaying all corporate debt, completing $1.1 billion in refinancing in Australia, and upsizing its US funding facility to US$300 million to support future growth. The company continues to execute on its strategic priorities, including growth and engagement, operational excellence, and product innovation, unlocking new customer and market segments.

Zip has not provided any high-importance, price-sensitive forward-looking financial metrics in the announcement.

Zip continues to execute on its FY25 strategic priorities, focused on growth and engagement, operational excellence, and product innovation to unlock new customer and market segments for sustainable, profitable growth.