Zaptec ASA: Strong European development in the second quarter
Sandnes, Norway – 21st of August 2024 – Zaptec announces a quarter marked by remarkable achievements across Europe.
The company's Q2 2024 results highlight strong financial performance, with significantly improved earnings in a demanding market, alongside several key agreements that support its ongoing European expansion.
"This defining quarter has been marked by the announcement of the Zaptec Go 2, our latest innovation in EV charging technology, providing high-quality, safe, and accessible charging solutions. Most importantly, Zaptec now operates in 18 of Europe's 20 largest EV markets, underscoring our solid growth and dedication to serving the diverse needs of EV owners across the continent."
In June, the Swedish electric performance car brand Polestar positioned Zaptec as the recommended home charger across Europe.
Highlights:
- Quarterly revenue of 341 MNOK
- Continued strong order intake of 342 MNOK
- Order backlog of 456 MNOK
- Gross margin of 38%
- Opex of 98 MNOK
- EBITDA of 34 MNOK