Zinzino AB's Impressive Q2 Performance
In the second quarter of 2025, Zinzino AB (PUBL.) showcased a remarkable revenue growth, reaching SEK 794.4 million compared to SEK 507.0 million in the same period last year. This represents an astounding increase of 57%, significantly higher than the 24% growth reported in the previous year.
The growth trajectory continues even more impressively when considering local currencies, where the revenue soared by 62% year-on-year. This robust performance can be attributed to several strategic business initiatives, including acquisitions and expansions in new markets.
Revenue and Financial Highlights
During the April to June timeframe, Zinzino's total revenue surged, with the gross profit recorded at SEK 247.9 million, which translates to a gross profit margin of 31.2%. Although the EBITDA increased to SEK 79.7 million, the EBITDA margin was noted at 10.0%, down from 12.4% in the previous year's quarter. The cash flow from operating activities was also noteworthy, totaling SEK 112.6 million, an increase from SEK 93.2 million a year prior.
For the six-month period from January to June 2025, Zinzino reported total revenue of SEK 1,518.1 million, showcasing a growth rate of 58% compared to SEK 961.6 million in the same timeframe of the previous year. Gross profit for this period stood at SEK 471.5 million, with an EBITDA of SEK 158.4 million and a cash flow from operating activities amounting to SEK 133.7 million.
Strategic Expansion and Market Growth
Zinzino's commitment to growth is evident through its strategic acquisitions of Valentus Global and Ecosystem SAS, aimed at enhancing its distribution capabilities throughout Europe. Moreover, the company has achieved full market status in the Philippines and has made a significant entry into the Chinese market with a locally adapted concept. These initiatives reflect Zinzino's strategy to diversify its portfolio and tap into new revenue streams.
As the company continues to strengthen its market presence, Zinzino now holds cash and cash equivalents of SEK 408.5 million, significantly up from SEK 296.0 million as of the last year’s balance sheet date. Such a strong cash position supports its ongoing expansion efforts and strategic investments.
Conclusion
Zinzino AB’s performance in the second quarter of 2025 underscores its effective growth strategies and commitment to broadening its market reach. With continuing efforts to enhance distribution and explore new markets, Zinzino is well-positioned for sustained growth in the future. As they move forward, the focus will be on leveraging their current momentum while maintaining a keen eye on financial performance and market dynamics.
For a comprehensive overview of Zinzino’s financials and strategies, additional details can be found in the
official interim report. To get in touch with Zinzino’s executive team, Dag Bergheim Pettersen, CEO, and Fredrik Nielsen, CFO, are available for further inquiries.