#Sweden #Gothenburg #Zinzino #Zurvita #Valentus

Zinzino AB's First Quarter 2025: A Detailed Report

Zinzino AB, based in Gothenburg, Sweden, has released its interim report for the first quarter of 2025, showcasing significant advancements in revenue and earnings, indicative of robust sales strategies and market expansion. The company's revenue reached SEK 723.7 million, reflecting an impressive 59% increase compared to SEK 454.5 million in the same quarter from the previous year. In local currencies, the growth was even more pronounced, at 60%.

Financial Performance Overview

In examining the company's financial health during this quarter:

• - Gross Profit: Zinzino reported a gross profit of SEK 223.6 million, which gives a gross profit margin of 30.9%. This marks a decline from the previous year’s margin of 35.4%.
• - EBITDA: The earnings before interest, taxes, depreciation, and amortization (EBITDA) also saw substantial growth, rising from SEK 51.7 million to SEK 78.8 million, though the EBITDA margin slightly decreased to 10.9% from 11.4%.
• - Cash Flow: The cash flow from operating activities turned positive, totaling SEK 21.1 million compared to a negative cash flow of SEK 1.7 million recorded in the same period last year.
• - Dividend Proposal: The board of directors at Zinzino has proposed a dividend of SEK 4.00 per share for the financial year 2024, up from SEK 3.00 the previous year, which corresponds to a total distribution of SEK 143.1 million.

Strategic Acquisitions and Market Growth

This quarter marks a significant phase for Zinzino, particularly with the completion of the acquisition of Zurvita's assets, which include a comprehensive distributor and customer database. This move not only strengthens Zinzino's foothold in North America but also sets the stage for further growth in one of the company’s most important markets.

Additionally, Zinzino has officially launched operations in New Zealand, expanding its market presence further in the Asia-Pacific region. A notable development occurred after the close of the quarter when Zinzino acquired the assets of Valentus Global, a direct sales company based in the US and UK. This acquisition is anticipated to enhance Zinzino's distribution capabilities across Europe, promising to bolster sales channels significantly.

Looking Ahead

With these strategic moves, Zinzino AB is positioning itself to capitalize on market opportunities and enhance its growth trajectory. The strong performance in Q1 is a clear indication of the company's effective operational strategies and market resilience. The leadership remains optimistic about continuing this trend, indicating that they are committed to further strengthening their product offerings while expanding their global outreach.

Zinzino operates as a global direct selling company specializing in personalized health supplements and scientific skincare solutions, which are now available across more than 100 markets worldwide. The company is publicly listed on Nasdaq First North Premier Growth Market, showcasing its growth potential.

In conclusion, Zinzino's first quarter of 2025 has set a strong precedent for the year ahead, with its innovative approach to expanding its product range and market reach. The company's ability to adapt and grow in fluctuating markets will be crucial as it continues to build on this momentum and leverage recent acquisitions for sustained growth in the coming quarters.