Zip (ASX:ZIP) said its cash earnings before tax, depreciation, and amortization (EBTDA) rose to AU$46 million in the fiscal third quarter ended March 31, up 219% from last year, according to a Wednesday Australian bourse filing.
The total transaction value for the quarter was AU$3.3 billion, up 35% from last year, the filing said.
The company has 6.3 million active customers at the end of its third quarter ending March 31, up 4.2% from a year ago.
The company upgraded its fiscal year guidance for cash EBITDA to reach AU$153 million including cash opex growth of about 10% and is on track for its fiscal year results to be within its two-year target ranges of 8% to 9%.
The company's shares rose 20% in recent Wednesday trade.
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