Zinzino AB Interim Report First Quarter 2025
Based on SEK 100 = $USD 10.33 (Business For Home editor)
Revenues in the first quarter of 2025 amounted to SEK 723.7 (454.5) million, corresponding to 59% (15%) growth compared to the corresponding period last year.
In local currencies, revenues for the first quarter increased by 60% compared to the corresponding period last year. EBITDA increased to SEK 78.8 (51.7) million and the EBITDA margin amounted to 10.9% (11.4%). During the quarter, the acquisition of Zurvita’s assets with associated distributor and customer database was completed.
The acquisition consolidates Zinzino’s position in North America and adds further growth in the region. In addition, New Zealand was launched as an official market during the quarter. After the end of the quarter, the assets of the US/UK based direct sales company Valentus Global was acquired in order to add increased distribution power in Europe.
January – March 2025
Total revenue amounted to SEK 723.7 (454.5) million, corresponding to a growth of 59% (15%)
Gross profit amounted to SEK 223.6 (160.9) million and the gross profit margin was 30.9% (35.4%)
EBITDA amounted to SEK 78.8 (51.7) million and the EBITDA margin was 10.9% (11.4%)
Cash flow from operating activities totalled SEK 21.1 (-1.7) million
Zinzino’s Board