Zip Co Ltd. (AU:ZIP) has released an update.
Zip Co Limited has released its third-quarter cash flow report, showcasing a robust performance with $216.7 million in customer receipts and a net cash from operating activities totaling $90.4 million. Despite significant outflows for staff, administration, and finance costs, the digital financial services firm has maintained a strong cash position over the nine-month period. Zip continues to connect millions of customers with merchants, emphasizing responsible lending and transparent payment options.
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