Synergy CHC Corp. announced its financial results for the first quarter ended March 31, 2025, on May 15, 2025. The company reported a 30% growth in earnings per share year-over-year, reaching US$0.10 compared to US$0.077 in Q1 2024. This marks Synergy's ninth consecutive quarter of profitability.
Despite a 13% decrease in revenue to US$8.17 million from Q1 2024, the company expanded its EBITDA margins significantly to 24.1%. This indicates improved operational efficiency and cost management, contributing to the profitability growth.
Synergy also reported an expansion of its international footprint during the quarter. This was achieved through new licensing agreements and market entries, contributing to the company's global growth strategy and diversification of income sources.
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