Zip Co Limited (ZIP) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

I would now like to hand the conference over to the Director of Investor Relations and Sustainability, Vivian Lee. Please go ahead. Thanks, Operator. Good morning and thank you for joining us for ZIP's first half FY25 results. To open, I'd like to begin by acknowledging the traditional owners of the land on which we meet today, the Gadigal of the Eora Nation, and pay our respects to Elders past and present. This conference call is also being webcast and an archive will be available on ZIP's website. I'm joined today by ZIP's Group CEO, Cynthia Scott, and Group CFO, Gordon Bell, who will present today's results. We also have US CEO, Joe Heck, and ANZ CEO, Peter Gray, who will join us for Q&A. We will start this call with some prepared remarks and then open up to questions. With that, I'll now hand over the call to our Group CEO, Cynthia Scott. Thanks, Vivian. Good morning, everyone, and welcome to Zip's results presentation for the first half of financial year 2025. I'm very pleased to present an outstanding set of results for the half, with record financial performance, a continued focus on exceptional experiences for our customers, and a strengthened balance sheet to support future growth. Our U.S. business delivered excellent results, and our ANZ business returned to growth. Zip is well positioned to capitalize on the significant growth opportunity in our two core markets, as we continue to drive scale and deliver material operating leverage. SIF continues to be a strong and sustainably profitable business with unique competitive advantages as set out on slide four. And I'll touch on each of these in more detail as we go through the presentation. Our key financial highlights are set out on slides five and six. In the first six months of the year, we delivered $6.2 ...