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Shares in Zip Co Ltd (ASX:ZIP) have dropped more than 7% despite the company’s final year results revealing significant increases in both earnings and revenue, bolstered by strong performances in the United States which yielded record numbers. Zip Co’s group cash EBITDA for the 2024 fiscal year was $69.0 million: a rise of 243.2% from the previous year, while its revenue had risen 28.2% to $868.0 million. Zip Americas was an underlying factor in this success, reporting record earnings of $77.2 million: increase of 420% compared to the 2023 fiscal year. Revenues were also higher – by 45.6% – co…

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