Zenvia, Inc. Class A (ZENV) has released an update.
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Zenvia Inc. reports a strong finish for 2023, with revenues increasing by 6.7% year-over-year and a significant improvement in profitability, as demonstrated by a Normalized EBITDA of BRL 76.1 million. The company successfully managed to reduce general and administrative expenses from 19.5% to 16.0% of revenues and is emphasizing its readiness for growth and profitability in the year ahead. Additionally, strategic financial restructuring has positioned Zenvia Inc. to better pursue its expansion goals in the Latin American market.
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