Latest news with #SNYR
Yahoo
16-06-2025
- Business
- Yahoo
Here is What You Need to Know Before Investing in Synergy CHC Corp. (SNYR)
Synergy CHC Corp. (NASDAQ:SNYR) is among the 10 Most Undervalued Stocks to Buy for Under $5. The stock's valuation has been a subject of discussion among analysts and investors. Given its forward price-earnings ratio of 4.37, it is among the most undervalued stocks to buy. A trader in a financial institution using fundamentals analysis to select stocks for a portfolio. Recent insider buying, led by CEO Jack Ross, has also added to the speculation. According to reports, Ross made a series of purchases between June 2 and June 10, acquiring a total of 16,100 shares, worth $29,837. However, the stock has plunged by over 50% year-to-date, due to a combination of factors, including its high debt and revenue challenges. During the Q1 FY25 earnings call on May 15, Synergy CHC Corp. (NASDAQ:SNYR) said it entered and continued debt refinancing negotiations during and after the quarter, with the aim to extend the maturity to 2029. On June 4, Synergy CHC Corp. (NASDAQ:SNYR) announced a $20 million term loan credit agreement, the proceeds of which will be used to provide the company with growth capital and pay down debt. CEO Jack Ross had the following to say on the recent agreement: 'We are very pleased to have completed our debt refinancing, which supports our growth strategy and significantly strengthens our capital structure. The long-term nature of the new facility enhances our balance sheet and provides the flexibility needed for our next phase of growth. Additionally, the delayed draw proceeds allow us to fully repay debt related to settlement agreements, positioning us for greater financial stability as we execute our strategic goals.' While we acknowledge the potential of SNYR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Yahoo
16-05-2025
- Business
- Yahoo
Synergy CHC Corp (SNYR) Q1 2025 Earnings Call Highlights: Navigating Revenue Challenges with ...
Net Revenue: $8.2 million, a 13% decrease year over year. Gross Margin: 75.4%, up from 72% in the prior year. Operating Expenses: $4.2 million, a 15% decrease from the previous year. Income from Operations: $1.9 million, an 8% increase year over year. Net Income: $876,000 or $0.10 per diluted share, a 30% increase in earnings per share. EBITDA: $1.98 million, up 7% from the previous year. Cash and Cash Equivalents: $177.9 thousand as of March 31, 2025. Total Liabilities: $31.3 million, a decrease of $1.7 million from December 31, 2024. Cash Used in Operating Activities: $823,000 for the first quarter. Warning! GuruFocus has detected 5 Warning Signs with SNYR. Release Date: May 15, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Synergy CHC Corp (NASDAQ:SNYR) reported a 30% growth in earnings per share year over year, marking the ninth consecutive quarter of profitability. EBITDA margins expanded significantly to 24.1% compared to 19.7% in the prior period, highlighting strong cost management. The company has entered into a three-year license agreement for the Focus Factor brand in the United Arab Emirates, expanding its global reach. Synergy CHC Corp (NASDAQ:SNYR) has incorporated a wholly owned subsidiary in Mexico and is onboarding manufacturing partners and customers, including Costco and Walmart. The company received nearly $1 million in purchase orders from Amazon for its RTD products, indicating strong momentum in the second quarter. Net revenue for the first quarter of 2025 was $8.2 million, reflecting a 13% decrease year over year due to a one-time sell-in to a customer in 2024. Cash and cash equivalents decreased significantly to $177.9 thousand as of March 31, 2025, from $687.9 thousand at the end of 2024. The company experienced a decrease in cash used in operating activities, primarily due to an increase in inventory and a decrease in accounts payable and accrued expenses. Synergy CHC Corp (NASDAQ:SNYR) has a high level of total liabilities at $31.3 million as of March 31, 2025, although this is a decrease from the previous quarter. The company faces potential impacts from tariffs on certain ingredients, although it does not expect these to have a material impact on its business. Q: Can you provide details on the RTD beverage revenue for the quarter and plans for the rest of the year? A: Jack Ross, CEO, stated that Synergy did not plan for significant RTD revenue in the first quarter, achieving $30,000. However, with recent developments, including Amazon orders, they expect $2 million in the second quarter. Q: What are the geographic and distribution plans for RTD beverages for the remainder of the year? A: Jack Ross, CEO, mentioned that the focus will be on Canada and the US, targeting convenience stores and existing retail partners like Costco. Q: Will General and Administrative (G&A) expenses rise throughout the year, or remain consistent? A: Jack Ross, CEO, indicated that while there will be some headcount additions, G&A expenses are expected to remain relatively flat as a percentage of revenue. Q: What was the licensing revenue booked in the first quarter, and is it expected to continue? A: Jack Ross, CEO, explained that they received a $1.5 million fee from a licensee in the United Arab Emirates. Future revenue will be based on actual sales in that territory. Q: Can you clarify the countries mentioned for future market expansion? A: Jack Ross, CEO, confirmed plans to expand into Australia and Taiwan, with Costco as a lead customer in both regions. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
