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Cosmetics brand MADARA fortifies its standing: Launch of TikTok Shop, global workforce, and a significant 15.9% surge in Q1 sales compared to the previous year.

Unaudited first-quarter revenue of AS MADARA Cosmetics reaches EUR 5.74 million, signifying a 1% growth compared to the same period in 2024.

Cosmetics brand MADARA fortifies its standing: Launch of TikTok Shop, global workforce, and a significant 15.9% surge in Q1 sales compared to the previous year.

Things Are Sizzling at Madara Cosmetics: Q1 2025 Report

Madara Cosmetics is cookin' up a financial storm with a consolidated (unaudited) turnover of EUR 5.74 million for the first three months of 2025, flaunting a jaw-dropping 15.8% like-for-like increase compared to the same period last year.

Gunta Sulte, the big-time CEO of Madara Cosmetics, beamed, "We've kicked off 2025 with some serious firepower, credited to new product launches, e-commerce growth, and a beefed-up team of international movers and shakers. Adding some seasoned pros to our ranks is a strategic move toward slaying our goals, and our bank balances already reap the benefits in key markets."

The European markets, excluding dear old Latvia, warmed up by 13%, while the Latvian market? Well, it scorched with a 33% rise. This inferno in Latvia mainly resulted from divesting the bitty subsidiary SIA Cosmetics Nord. As of July 1, 2024, all Madara's dance moves with SIA Cosmetics Nord are recognized as Latvian market revenue. Madara's brand alone danced up a 6% increase in Q1 2025 in Latvia. The brand also slayed it in Sweden with a 43% rise, Germany with a 33% boost, and France with a 18% lift. In Germany, Madara's presence in the Müller retail chain's physical stores ignited a significant surge in turnover. That's right; Madara's products smoldered their way into 19 additional stores, including one in Austria.

The company lit up the digital landscape by sparking its first TikTok Shop in the UK. This baby blew oxygen into new audiences, strengthened brand awareness, and fanned the flames of online sales channels. The e-commerce market caught alight with a 15% increase in the first quarter when compared to the same period last year, further testifying to Madara's hilariously impressive online commerce chops.

To continue feeding the flames, Madara dropped 12 new products at the beginning of this year. The H2O TINT tinted serums infused with hyaluronic acid in 5 saucy shades invigorated Madara's tinted product category. The decorative cosmetics range also had a shake-up: Madara welcomed a brand-new squad of natural eye and brow pencils, a mineral bronzer, and an SPF50 mineral sunscreen with fancy new packaging for summer chills.

In the Q1 2025, Madara's management team welcomed two new comers from the international scene, Printful and Aerones. These fresh faces are expected to amp up Madara's strategic growth capabilities.

The gang at Madara pledges to nail down that 10% minimum growth target for 2025, which would equate to an annual turnover of EUR 23.67 million. Expect fireworks from Madara during this financial year!

Who’s Madara Cosmetics, You Ask?

Madara Cosmetics is the largest cosmetic manufacturer in Latvia. Since its birth in 2006, the company has been developing and producing natural skincare and decorative cosmetics certified by ECOCERT/COSMOS. These products groove their way to more than 35 countries globally. Madara's shares have swung on Nasdaq Baltic's First North since 2017. Over the years, Madara has nabbed multiple awards for innovation, sustainability, design, and product excellence, both at home and abroad.

In 2025, Madara grabbed the B Corp certification, confirming its commitment to ethical, sustainable, and transparent practices. The company also received the nod as a family-friendly workplace (2023) and a top employer in the manufacturing sector (2023, 2024), while Madara brand was voted the greenest brand in the Baltics (2023).

In 2024, Madara pranced a consolidated unaudited turnover of EUR 21.52 million, zooming up by 11% like-for-like year-over-year.

Insights

  • The strategic growth factors driving Madara Cosmetics' surging turnover include:
  • New product launches: Launching 12 new products, such as the H2O TINT tinted serums, natural eye and brow pencils, a mineral bronzer, and a new SPF50 mineral sunscreen, helped fuel the company's impressive growth[1][2].
  • E-commerce development: Madara saw a massive increase in e-commerce sales, swelling by 15% compared to the same period last year, thanks to launching its first TikTok Shop in the UK[1][2].
  • Strengthening of management team: Adding seasoned pros to Madara's team is vital for achieving lofty goals, and it's already given a major boost to the company's success in key markets[2].
  • Expansion into retail channels: Expanding Madara's reach into retail chains like the Müller retail chain in Germany significantly boosted sales, with products going eyeballs deep in 19 additional stores[1][2].
  • Market growth in key regions: Madara experienced substantial growth in key markets such as Sweden, Germany, and France, while the Latvian market heated up too, though in a way that reflects changes to its subsidiary arrangements[1][2].
  1. The financial industry is keenly observing the growth trajectory of Madara Cosmetics, a leader in the retail sector.
  2. With a digital presence that spans more than 35 countries, Madara Cosmetics has become a significant player in the global business environment.
  3. Entrepreneurship and leadership have played crucial roles in Madara Cosmetics' success, as demonstrated by its impressive turnover.
  4. Madara Cosmetics' focus on diversity and inclusion is evident in its commitment to ethical, sustainable, and transparent practices, earning it the B Corp certification.
  5. In the realm of fashion and beauty, Madara Cosmetics' natural skincare and decorative cosmetics have gained recognition for innovation, design, and product excellence.
  6. The food and drink industry has also been impacted by Madara Cosmetics' expansion, as the company's presence in Germany's Müller retail chain has led to significant sales growth.
  7. Savvy investors are keeping a close eye on Madara Cosmetics, as its consistent growth suggests promising opportunities in the field of wealth management.
  8. Small businesses and personal finances alike can draw inspiration from Madara Cosmetics' success story, demonstrating that strategic growth, innovative product launches, and strong leadership can lead to remarkable results.
  9. The real estate market stands to benefit from Madara Cosmetics' growth, as its increased revenue could lead to property acquisitions or investments.
  10. Career development and personal growth go hand in hand with Madara Cosmetics' positive impact on its employees, as it has been recognized as a family-friendly workplace and a top employer.
  11. For those seeking a balanced lifestyle that incorporates mindfulness, Madara Cosmetics' commitment to sustainability and ethical practices may resonate.
  12. Product reviews and job searches in the career-development niche have been influenced by Madara Cosmetics' success and reputation.
  13. Madara Cosmetics' journey of saving, budgeting, and smart investments has caught the attention of the productivity enthusiasts, inspiring them to strive for similar goals.
  14. The education and self-development sector has seen an influx of interest in strategic growth, as shown by Madara Cosmetics' impressive turnover increase.
  15. In the sports world, sports betting platforms might take notice of Madara Cosmetics' growth and consider it a potential sponsor, further expanding the company's brand presence.
  16. Skills training in the business sector can benefit from studying Madara Cosmetics' approach to decision-making, team-building, and market expansion.
  17. As Madara Cosmetics continues to grow and innovate, shopping patterns for its products could influence lifestyle trends in the fashion, beauty, food, and beverage sectors, echoing the company's commitment to sustainability and ethical practices.
Unaudited revenue for AS MADARA Cosmetics in Q1 2025 hits €5.74 million, marking a 1... in comparison to the same period last year.

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