Fourth quarter 2024 financial results
Zaptec is pleased to announce the financial results for the fourth quarter of 2024.
Zaptec has now reached a breakpoint, with KPIs moving in the right direction. Compared to last quarter, Zaptec recorded an increase in order intake, revenue, gross margin, EBITDA, cash flow, and liquidity.
“We’re starting 2025 with strong momentum and solid order backlog visibility. With the EV market recovering and new products targeting major European markets launched in Q1, the outlook is positive for growth, higher earnings, and stronger cash flow,” says Kurt Østrem, CEO of Zaptec.
Q4 highlights:
- Revenue of 327 MNOK
- Order intake of 456 MNOK
- Order backlog of 495 MNOK
- Gross margin of 40%
- Opex of 111 MNOK
- EBITDA of 19 MNOK
Download the Q4 report
A fourth quarter financial results video presentation is available at Zaptec's investor page.