ICZOOM Group Inc. Reports 3% Revenue Increase and Turns Profit with $0.07 EPS for H1 FY2025
ICZOOM Group Inc. reported a 3% revenue increase for H1 FY2025, totaling $90.34 million, driven by a 3.2% rise in electronic component sales. The company achieved profitability with an EPS of $0.07, compared to a loss of $0.07 in the previous year. Growth was attributed to a 7.3% increase in SKUs and a 15.1% rise in new customers. However, service commission fees declined by 8.6%.
ICZOOM Group Inc. (Nasdaq: IZM), a B2B electronic component products e-commerce platform, released its unaudited financial results for the six months ended December 31, 2024. The company reported a total revenue increase of 3.0%, rising from $87.72 million for the same period in 2023 to $90.34 million in 2024. This growth was driven by a 3.2% increase in sales of electronic components, which amounted to $89.07 million compared to $86.33 million in the previous year. However, the service commission fee declined by 8.6%, totaling $1.27 million down from $1.39 million. ICZOOM successfully achieved profitability, reporting diluted earnings per share (EPS) of $0.07 for the six-month period ending December 31, 2024, compared to a loss of $0.07 per share in the same period of the previous year. Ms. Duanrong Liu, Co-Founder and Chief Operating Officer, attributed the positive performance to an increase in stock-keeping units (SKUs) and new customers. The number of SKUs rose by 7.3%, from 8,373 products in 2023 to 8,986 in 2024, while the number of new customers increased by 15.1%, from 106 to 122 during the same period. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ICZOOM Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN14780) on June 20, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
