Zebit flags positive core earnings ahead of Christmas shopping season in debut 4C filing

Ecommerce platform Zebit (ASX:ZBT) has followed up last week’s listing with its first 4C filing for the September quarter. The company highlighted revenues of $US15.3m, which flowed through to underlying EBITDA of $US0.13 million – its first positive quarterly EBITDA result since inception. Factoring in operating costs, ZBT booked a net loss for the quarter of $US0.33 million.

“The remainder of 2020 will be a busy time as we continue to grow our registered user base across the U.S. and continue to deliver upon our IPO objectives in the most significant quarter of Zebit’s fiscal year,” Schneider said.

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