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on VAZIVA SA (isin : FR0014007T10)

VAZIVA SA: Exponential growth in 2023

Vaziva SA, a notable player in the dematerialization of employee benefits, posted remarkable growth in its turnover, which increased by 91% to reach €27,143 thousand in 2023, compared to €14,188 thousand in 2022. This performance is supported by the growing membership of Key Account customers, now representing 43% of total turnover.

The company's EBITDA also saw a significant increase of 154%, reaching €669 thousand. At the same time, operating profit increased by 262%, reaching €327 thousand. This profit growth demonstrates the effectiveness of operational management and the expansion of the customer portfolio.

Despite a context of increased costs, Vaziva managed to maintain a solid cash position of €2,600 thousand and to begin repayment of loans with BPI France and La Banque Postale. The company is optimistic about the year 2024, marked by the enrichment of its offer and its expansion into new European markets.

R. H.

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