Zip Co Limited (ZIP) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thanks operator, good morning and thanks everyone for joining us for the presentation of the 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 is also being webcast and will be available on ZIP's website. I'm joined today by ZIP's Group CEO and Managing Director Cynthia Scott, Group CFO Gordon Bell and US CEO Joe Heck. Cynthia will present our FY25 group highlights and ANZ business performance. Joe will then cover the US business, and Gordon will provide details of the financial results. Cynthia will then conclude with remarks regarding our FY26 strategy and outlook, and the presentation will be followed by Q&A. With that, I'll now hand over the call to Cynthia. Thanks Vivienne, and good morning everyone. On behalf of the Zip team, we're very pleased to be reporting the strongest financial performance in Zip's history. Disciplined execution, customer focus, and significant operating leverage underpinned cash earnings growth of 147%, and positions us strongly to continue to deliver long-term shareholder value. Our group highlights are set out on slides four and five. We achieved several milestones this year, including delivering over $1 billion in total income. From a regional perspective, our US business delivered an outstanding performance, and our ANZ business returned to TTV growth. Customer engagement strengthened, with average spend and transactions per customer increasing across our 6.3 million customers. This year, we safely processed over 93 million transactions, valued at 13.1 billion, up 30.3%. Our revenue margin was 8.3%, reflecting the increased contribution from the US, now representing 71% of T...