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AAP
AAP
Business
Jacob Shteyman

Loss now, profits later: Zip Co maintains rosy outlook

Zip Larry Diamond United States
Despite reporting another operating loss, Zip Co's total revenue was up 19 per cent to $351m. (Derek Rose/AAP PHOTOS) (AAP)

Zip Co is confident of delivering positive earnings by 2024 despite the buy now, pay later business posting a widening loss.

While the company reported on Thursday that net losses ballooned 15 per cent to $242 million, underlying earnings improved by $27m to negative $33m.

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