VAZIVA SA: Half-Year Results 2024 - Growth and Profitability on the Rise

French company Vaziva SA, which specializes in the dematerialization of employee benefits, has published its half-year results for 2024, showing strong growth and increased profitability. Revenue increased by 55.5% to €21.3 million. Gross margin increased by 123% to €5.9 million.

EBITDA jumped 130% to EUR 2.3 million. Operating income followed the same trend, reaching EUR 2.1 million, up 133%. Net income also grew remarkably by 122%, totaling EUR 2 million.

Vaziva continues to benefit from low debt and favorable interest rate conditions. As of June 30, 2024, equity stands at EUR 18.68 million, and gross debt has slightly decreased to EUR 1.29 million.

The company plans to open a subsidiary in Spain in the second half of the year, strengthening its international expansion. Vaziva is positioning itself to maintain sustainable and profitable growth.