Zip Co Limited (ZIP) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Zipco Limited FY24 results briefing. All participants are in a listen-only mode. There will be a presentation followed by a question and answer session. If you'd like to ask a question via the phones, you need to press the star key followed by the number one on your telephone keypad. I'd now like to hand the comments over to Director of Investor Relations and Sustainability, Rachel Cooper. Please go ahead. Good morning and thank you for joining Zip's FY24 earnings call. 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 my respects to elders past and present. This conference call is also being webcast and an archive will be available on the ZIPS website. I'm joined today by ZIPS Managing Director and Group CEO Cynthia Scott and Group CFO Gordon Bell. We will start this call with some prepared remarks and then open up to questions. With that, I'll now hand over to our Group CEO, Cynthia Scott. Thanks, Rachel. Good morning and welcome to ZIP's FY24 results presentation. This morning I'll cover the FY24 highlights and regional business performance. Then Gordon will take us through the financial performance and I'll conclude with remarks regarding our FY25 strategy and outlook. Turning to slide four. We began FY24 with a clear and simplified strategy to deliver profitable growth product innovation and to drive operational excellence across the business. Zip executes strongly against each of its strategic priorities. We delivered profitable growth in both core markets and achieved record group profitability. We simplified our balance sheet and reset our capital structure, providing greater operational flexibility to drive future growth. ...