(Finance) – Yakkyo closes the 2024 exercise with a net result equal to 0.5 million euros, growing by 24.8% compared to 0.40 million in the previous year. The Board of Directors has decided to propose the shareholders’ meeting to allocate the profit of operating 498,878 euros to extraordinary reserve.
THE revenues sales are at 12.6 million, in strong growth (+98.5%) compared to the 6.3 million of the previous year. Ebitda It leads to 1.2 million, slightly increased (+5.9%) compared to 1.1 million to 31 December 2023, with Ebitda Margin which is reduced from 17% of 2023 to 9% in 2024. After depreciation in line with 2023 (€ 0.53 million) mainly attributable to the softening of owners -related software related to the platforms and new features of Yakkyofy and Pandarocket, EBIT It stands at 0.67 million, substantially in line with the previous exercise (0.63 million).
“We are very satisfied with the results achieved in 2024 with revenues that have doubled compared to 2023. Significantly the dropshipping is growing, thanks to our successful model, to the effectiveness of our technology and the marketing activities related to international sector fairs that have seen us protagonists. An un observed result considering that from the 77,000 orders of 2023 we have come to manage over 550,000 orders in 2024” explained Giovanni ConfortiPresident and CEO of Yakkyo.
Net financial debt It is negative (net debt) for 134 thousand euros, improving compared to a negative situation for 331 thousand euros to 30/06/2024 and decreasing compared to a positive cash situation for 266 thousand euros at 31/12/2023.