Zenvia, Inc. Class A (ZENV) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
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.
For further insights into ZENV stock, check out TipRanks’ Stock Analysis page.
