ChromaDex Corporation Reports Fourth Quarter and Fiscal Year 2024 Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 04 2025
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Source: Newsfilter
Financial Performance: ChromaDex reported a 19% increase in full-year net sales to $99.6 million, with a gross margin of 61.8% and net income of $8.6 million, while the fourth quarter saw a 37% rise in net sales to $29.1 million and a record net income of $7.2 million.
Future Outlook: The company anticipates approximately 18% revenue growth for 2025, driven by e-commerce expansion and new product launches, while also planning to maintain investments in research and development despite expected increases in general and administrative expenses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
