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Synergy CHC Corp. (NASDAQ: SNYR) Reports Profits, Expands Margins and Eyes Global Expansion

05-16-2025 06:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Synergy CHC Corp. (NASDAQ: SNYR) Reports Profits, Expands

Synergy CHC Corp. (NASDAQ: SNYR), a leading provider of consumer health care and lifestyle products, has reported strong financial results for the first quarter ended March 31, 2025, marking its ninth consecutive quarter of profitability and signaling solid momentum for investors.

The company delivered 30% growth in earnings per share (EPS) year-over-year, reaching $0.10 per share compared to $0.08 in the same period last year. Net income jumped to $876.3 thousand, up from $580.5 thousand, while EBITDA rose to $1.98 million, reflecting enhanced operational efficiency. Gross margins also expanded significantly to 75.4%, up from 72.0%, and EBITDA margins surged to 24.1%, compared to 19.7% a year ago.

Revenue for the quarter came in at $8.2 million, compared to $9.4 million in Q1 2024. Despite the slight dip in revenue, Synergy's disciplined cost management and robust brand performance sustained strong bottom-line growth.

CEO Jack Ross stated, "This performance highlights the strength of our operating model and our ongoing discipline around cost management." Ross also emphasized strategic progress on key 2025 goals, including international expansion of FOCUSfactor and Ready-To-Drink beverages into three new markets, and broadening the Flat Tummy brand in response to increasing GLP-1 demand.

Synergy has also entered into term sheets to refinance existing debt, aiming to close the agreement soon. The expected refinancing will extend maturities to 2029 and improve near-term free cash flow, offering flexibility to pursue long-term growth strategies.

With strong financial momentum, expanding margins, product innovation, and a global growth roadmap, Synergy CHC Corp. is positioning itself as a compelling opportunity for growth-focused investors in the consumer wellness sector.

Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors with a safe harbor with regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, and assumptions about future events or performance are not statements of historical fact and may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. TheStreetReports (TSR) is responsible for the production and distribution of this content."TSR" is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. "TSR" authors, contributors, or its agents, may be compensated for preparing research, video graphics, podcasts and editorial content. "TSR" has not been compensated to produce content related to "Any Companies" appearing herein. As part of that content, readers, subscribers, and everyone viewing this content are expected to read the full disclaimer in our website.

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