#Sweden #Gothenburg #Zinzino #Zurvita #Financials

Zinzino AB Reports Strong Performance in Q1 2025

Zinzino AB has recently unveiled its interim report for the first quarter of 2025, showcasing an impressive upward trend in both sales and earnings. The Swedish direct selling company, known for its innovative test-based nutrition and skincare products, achieved a remarkable revenue of SEK 723.7 million, marking a 59% increase compared to SEK 454.5 million from the same period last year.

This growth has been attributed not only to the expansion into new markets but also to the strategic acquisition of assets, which has bolstered Zinzino's distribution capabilities. The first quarter revenue when measured in local currencies increased by 60%, underlining the company's robust performance on a global scale.

Financial Highlights

• - Revenue: Q1 2025 revenue reached SEK 723.7 million, compared to SEK 454.5 million in Q1 2024.
• - Gross Profit: Zinzino reported a gross profit of SEK 223.6 million, with a gross profit margin of 30.9%.
• - EBITDA: The company's EBITDA saw significant growth, reaching SEK 78.8 million, representing a margin of 10.9%.
• - Cash Flow: Zinzino reported a cash flow from operating activities of SEK 21.1 million, a substantial increase from -SEK 1.7 million in the same quarter last year.

The company’s Board of Directors has proposed a dividend increase, recommending SEK 4.00 per share for the fiscal year 2024, which translates to a total of SEK 143.1 million. Such an initiative underscores Zinzino's commitment to providing value to its shareholders while maintaining robust financial health.

Expansion and Acquisition Strategy

One of the significant highlights of this quarter was the completion of the acquisition of Zurvita's assets, which includes an established distributor and customer database. This strategic move not only strengthens Zinzino's presence in North America but also opens avenues for further growth within the region.

Moreover, Zinzino has officially launched its operations in New Zealand, showcasing its readiness to expand its footprint in the Asia-Pacific market. To enhance its distribution network in Europe, the company acquired the assets of Valentus Global, a US/UK-based direct sales firm, after the quarter's conclusion.

Conclusion

Zinzino AB's first quarter performance sets a strong precedent for the remainder of 2025 as the company continues to push boundaries with innovative products and strategic expansions. By focusing on its unique selling propositions—test-based nutrition and personalized wellness—the company solidifies its position in a competitive market landscape. Stakeholders and potential investors have much to look forward to, as Zinzino seems poised to maintain its growth trajectory in the coming months.

For further details on the financial results and strategic outlook, please refer to their full interim report available on the Zinzino website.