Welcome to our dedicated page for Zenvia news (Ticker: ZENV), a resource for investors and traders seeking the latest updates and insights on Zenvia stock.
Zenvia Inc. reports developments tied to its cloud-based customer experience platform in Latin America, including Zenvia Customer Cloud, SaaS adoption, AI-enabled customer journey tools, and CPaaS services such as SMS, RCS, and Voice. Company updates also cover operating results, expense controls, customer cloud transition activity, and the separate Zenvia CPaaS business unit, which remains a wholly owned subsidiary.
Zenvia news has also included capital-structure and corporate-status matters, including the renegotiation of Movidesk earnout obligations, executive finance leadership changes, Nasdaq listing compliance notices, and the company's voluntary delisting and SEC deregistration process for its Class A common shares.
Zenvia (NASDAQ: ZENV), a prominent cloud-based CX solution provider in Latin America, has filed its annual report on Form 20-F for the fiscal year ending December 31, 2023, with the SEC. The report is accessible on the company's investor relations website and the SEC's website. Shareholders can request a free hard copy of the audited consolidated financial statements by contacting the Investor Relations Department via email.
Zenvia (NASDAQ: ZENV) reported its Q4 2023 and FY 2023 results, with significant improvements in key financial metrics.
Q4 2023 revenue rose 24.1% YoY to BRL 217.0 million, driven by SaaS (16.1% YoY growth) and CPaaS (29.7% YoY growth). FY 2023 revenue increased 6.7% YoY to BRL 807.6 million. Non-GAAP Adjusted Gross Profit rose 19.2% YoY to BRL 122.2 million in Q4 2023, while Adjusted EBITDA was positive BRL 22.1 million, up from a negative BRL 52.4 million in Q4 2022. The company's CEO, Cassio Bobsin, highlighted strategic financial renegotiations and personal investments as important steps for future growth. CFO Shay Chor announced a new EBITDA guidance for 2024, forecasting a 70% YoY increase to between BRL 120 million and BRL 140 million.
Key metrics include a 3.1% decline in active customers to 12,929, a 14.4% increase in Gross Profit YoY to BRL 330.5 million, and a 75% reduction in losses for the period to BRL 60.8 million YoY.
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