ICZOOM Group Inc. Announces Unaudited Financial Results for First Half of Fiscal Year 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 20 2025
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Source: Newsfilter
Financial Performance: ICZOOM Group Inc. reported a 3.0% increase in total revenue for the six months ending December 31, 2024, reaching $90.34 million, and achieved profitability with diluted earnings per share of $0.07, compared to a loss of $0.07 per share in the previous year.
Market Growth Factors: The company's growth was attributed to an increase in stock-keeping units (SKUs) by 7.3% and a 15.1% rise in new customers, alongside the expansion of China's automotive electronics industry, which grew to approximately RMB 1.22 trillion in 2024.
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About IZM
ICZOOM Group Inc is a holding company mainly engaged in the sales of electronic components. The Company distributes its products primarily through its online platform www.iczoom.com. The Company's main electronic components include integrated circuits, discrete devices, passive components, optoelectronics, electromechanical, maintenance, repair and operations (MRO) and design tools. The Company's products are mainly used in consumer electronics industry, automotive electronics and industrial control fields. In addition, the Company also provides customers with temporary storage, logistics transportation and customs clearance services.
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.
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