July 15 (Reuters) - Zip Co Ltd Z1P.AX :
* ACHIEVED FULL YEAR FY20 REVENUE OF $161.2M
* AT JUNE-END, CUSTOMERS INCREASED TO 2.1 MILLION, UP 63% YOY
* AT JUNE-END, MERCHANTS ON PLATFORM INCREASED TO 24.5K, UP 51% YOY.
* NET BAD DEBTS OF 2.24% AT END OF Q4, IN LINE WITH EXPECTATIONS
* FY20 ANNUALISED TRANSACTION VOLUME $2.3BN VERSUS TARGET $2.2BN
* MATERIAL CHANGE TO NUMBER OF REQUESTS FOR HARDSHIP ASSISTANCE; CURRENTLY LESS THAN 0.08% OF RECEIVABLES SUBJECT TO CLAIMS