Out of the ballpark: Zebit beats full year prospectus forecasts

Zebit posts revenue of $US87.7 million, 6.7% ahead of prospectus forecast

Zebit Inc. (ASX:ZBT), a US-based ecommerce platform with a built-in buy now, pay later offering, has beaten its full-year prospectus forecasts after delivering a 2.6% increase in net profit to $US87.7 million for 2020.

Net sales surged 35.2% to $US44.8 million for the fourth quarter of last year with sales for December up 55.4% as the company saw a huge boost from lockdown spending in the US.

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