Zip Transaction Volume Jumps 18% to $4.6 Billion in First Quarter

Key Facts

1Zip's total transaction volume grew 18% to $4.6 billion in the first quarter of FY27.

2The company reported a 17% year-on-year increase in total income to $376.1 million.

3Zip reaffirmed its FY27 guidance, targeting a Group cash EBTDA of $340 million.

Zip's total transaction volume grew 18% to $4.6 billion in the first quarter of FY27. According to The Motley Fool Australia, the company reported a 17% year-on-year increase in total income to $376.1 million, reflecting continued operational momentum in its core markets.

The company reaffirmed its FY27 guidance, targeting a Group cash EBTDA of $340 million. During the quarter, cash EBTDA rose 3.4% to $65.0 million, even as the business absorbed $10.1 million in additional operating expenses related to a contained external fraud incident in the United States.