Zenvia Reports Q2 & H1 2024 Results

TL;DR

Zenvia dropped Q2/H1 2024 numbers, EBITDA at BRL 33.7M for Q2.

AI Summary

Zenvia Inc. reported its Q2 and H1 2024 results, with a normalized EBITDA of BRL 33.7 million for Q2 2024. The company's principal executive office is located at Avenida Paulista, 2300, 18th Floor, Suites 182 and 184, São Paulo, Brazil. This filing was made on September 5, 2024.

Why It Matters

This filing provides investors with the latest financial performance data for Zenvia Inc., crucial for assessing the company's operational health and future prospects.

Risk Assessment

Risk Level: low — This is a routine financial results filing (6-K) with no immediately apparent significant negative events.

Key Numbers

• BRL 33.7 million — Q2 2024 Normalized EBITDA (Key financial performance indicator for the second quarter.)

Key Players & Entities

• Zenvia Inc. (company) — Registrant
• BRL 33.7 million (dollar_amount) — Q2 2024 Normalized EBITDA
• September 5, 2024 (date) — Filing Date
• Avenida Paulista, 2300, 18th Floor, Suites 182 and 184, São Paulo, Brazil (location) — Principal Executive Office

FAQ

Key Financial Figures

• $930 — idance FY 2024 Guidance Revenue BRL$930 - $970 million Y/Y Growth 15% - 20%
• $970 million — FY 2024 Guidance Revenue BRL$930 - $970 million Y/Y Growth 15% - 20% Non-GAAP Adju
• $120 — rgin 42% - 45% Normalized EBITDA BRL$120 - $140 million 4 Earnings Release | Q
• $140 million — 2% - 45% Normalized EBITDA BRL$120 - $140 million 4 Earnings Release | Q2 2024 Confer

Filing Documents

• zenvpr2q24_6k.htm (6-K) — 194KB
• image_026.jpg (GRAPHIC) — 67KB
• 0001292814-24-003359.txt ( ) — 287KB

Forward-Looking Statements

Forward-Looking Statements The preliminary fourth quarter and full year operating results set forth above are based solely on currently available information, which is subject to change. These preliminary operating results constitute forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts, and projections, as well as the beliefs and assumptions of management. Words such as "expect," "anticipate," "should," "believe," "hope," "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "might," "could," "intend," variations of these terms or the negative of these terms and similar expressions are intended to identify these statements. Forward-looking control. Zenvia's actual results could differ materially from those stated or implied in forward-looking statements due to several factors, including but not limited to: our ability to innovate and respond to technological advances, changing market needs and customer demands, our ability to successfully acquire new businesses as customers, acquire customers in new industry verticals and appropriately manage international expansion, substantial and increasing competition in our market, compliance with applicable regulatory and legislative developments and regulations, the dependence of our business on our relationship with certain service providers, among other factors.

SELECTED FINANCIAL DATA

SELECTED FINANCIAL DATA The following selected financial information are preliminary, unaudited and are based on management's initial review of operations for the second quarter of 2024. 5 Earnings Release | Q2 2024 Income Statement Q2 H1 2024 2023 Variation 2024 2023 Variation (non-audited) (restated) (non-audited) (restated) (in thousands of R$) (%) (in thousands of R$) (%) Revenue 231,159 192,919 19.8% 443,795 371,966 19.3% Cost of services -143,624 -122,533 17.2% -275,403 -222,631 23.7% Gross profit 87,535 70,386 24.4% 168,392 149,335 12.8% Selling and marketing expenses -26,001 -24,807 4.8% -53,360 -52,249 2.1% General and administrative expenses -33,293 -37,348 -10.9% -64,563 -68,795 -6.2% Research and development expenses -14,071 -11,109 26.7% -28,867 -25,113 14.9% Allowance for expected credit losses -1,464 -3,708 -60.5% -6,895 -21,977 -68.6% Other income and expenses, net -2,690 -451 496.5% -14,406 -536 2587.7% Operating gain (loss) 10,016 -7,037 -242.3% 301 -19,335 -101.6% Financial expenses -37,895 -17,125 121.3% -105,133 -35,849 193.3% Finance income 438 3,987 -89.0% 7,472 6,612 13.0% Financial expenses, net -37,457 -13,138 185.1% -97,661 -29,237 234.0% Loss before taxes -27,441 -20,175 36.0% -97,360 -48,572 100.4% Deferred income tax and social contribution 14,011 7,793 79.8% 30,094 19,639 53.2% Current income tax and social contribution -2,507 -2,788 -10.1% -4,927 -3,006 63.9% Loss for the period -15,937 -15,170 5.1% -72,193 -31,939 126.0% Loss attributable to Owners of the Company -16,045 -15,226 5.4% -72,419 -32,065 125.9% Non-controlling interests 108 56 92.9% 226 126 79.4% Balance Sheet December 31, 2023 (audited) June 30, 2024 (non-audited) (in thousands of R$) Assets Current assets 250,331 304,179 Cash and cash equivalents 63,742 89,411 Trade and other recei

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized. Date: September 5, 2024 Zenvia Inc. By: /s/ Cassio Bobsin Name: Cassio Bobsin Title: Chief Executive Officer

View Full Filing

View this 6-K filing on SEC EDGAR