Zinzino AB Class B ( (ZNZNF) ) has released its Q4 earnings. Here is a breakdown of the information Zinzino AB Class B presented to its investors.
Zinzino AB, a global direct sales company from Scandinavia, specializes in test-based, personalized dietary supplements and scientific skincare, and is listed on the Nasdaq First North Premier Growth Market. The company operates in over 100 markets worldwide and owns several brands and production units.
In its year-end report for 2024, Zinzino AB reported a strong financial performance with a 35% increase in total revenue for the fourth quarter compared to the previous year. The company also highlighted strategic acquisitions and expansions into new markets, contributing to its robust growth.
Key financial metrics for the year include a 25% increase in total revenue to SEK 2,207.8 million, a gross profit of SEK 732.5 million with a margin of 33.2%, and an EBITDA of SEK 250.7 million. The company also announced a proposed dividend of SEK 4.00 per share. Strategic moves included the acquisition of Zurvita’s assets, enhancing Zinzino’s presence in North America, and the launch of a new product, Collagen Boozt.
Zinzino’s management remains optimistic about the future, aiming for an average sales growth of at least 20% over the next three years and maintaining an operating margin above 10%. The company continues to focus on organic growth, market expansion, and strategic acquisitions to drive its business forward.