Zip (ASX:ZIP) said the operating environment, particularly in the US, continues to evolve, according to a Wednesday Australian bourse filing.
In the US, the firm's year-on-year total transaction value growth for April was over 40%.
The company reported a total transaction value of AU$3.3 billion in the March quarter, up nearly 36% from the prior-year period of AU$2.4 billion. It said that the number of transactions during the period jumped by over 27% to 22.8 million, while its active customers increased 4.2% year-over-year to 6.3 million.
It reconfirmed the fiscal 2025 guidance for cash earnings before taxes, depreciation, and amortization of at least AU$153 million, including cash operating expenses growth of around 10%, subject to market conditions.
Zip's shares rose over 10% in recent trading on Wednesday.