Wed, Feb 26, 1:02 PM (59 days ago)
Zeta Global Holdings Corp. (ZETA) reported significant financial results for the year ended December 31, 2024, with revenues of $1,005,754, reflecting a 38% increase from $728,723 in 2023. Net income improved to a loss of $69,771 from a loss of $187,481 the previous year. Operating expenses rose to $1,073,669, primarily due to increased media costs and employee-related expenses, but the company managed to reduce interest expenses by 34.7% to $7,147. The acquisition of LiveIntent contributed to the revenue growth, enhancing Zeta's data cloud capabilities. Zeta's strategic focus includes expanding its customer base, increasing average revenue per user (ARPU), and investing in innovation. The company reported a 19% increase in ARPU to $1,868, driven by higher platform usage. Risks include competitive pressures, regulatory changes, and reliance on data privacy compliance. Zeta maintains a solid cash position of $366,157 and has $200,000 in long-term borrowings. The company is committed to growth through strategic acquisitions and operational improvements, with a strong emphasis on AI-driven marketing solutions.