** Shares of digital retail finance company Zip ZIP.AX rise 7.1% to A$2.555
** Stock rose as much as 11.5% to A$2.535 earlier in the day
** Co reports HY adjusted gross profit of A$235.5 million ($149.38 million), up 30.1% Y/Y
** Posts HY revenue of A$509.2 million, up 19.7%
** Co expects to deliver cash EBTDA of at least A$147 million for FY25
** Stock trims YTD losses to 13.5%
($1 = 1.5765 Australian dollars)
(Reporting by Manasi Dasa in Bengaluru)
((Manasi.DasaSundeep@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.