on KUMULUS VAPE (EPA:ALVAP)
Kumulus Vape Improves Profitability in 2024
Kumulus Vape strengthened its profitability in 2024 despite a slight 3% decline in revenue, reaching €60.7 million. Net income increased by 41% to €2.6 million, reflecting a significant operational improvement. Gross operating profit (EBITDA) increased by 15.3% to €4.1 million.
The B2B segment maintained its dominant position with €51.7 million, while the physical store network recorded 10% growth. The sales margin improved to 23.7% of revenue, thanks to an optimized procurement strategy.
With available cash of €5.6 million, Kumulus Vape boasts a solid financial structure. Gross financial debt decreased by 17%, highlighting balanced financing. The company forecasts revenue of €62 million for 2025.
R. E.
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