Timzer Invest released its annual report and financial results for the fiscal year 2024 on the 6th of May, 2025.
In the report, Timzer Invest reports net revenue of $908,730, down 12.2% compared to the prior period.
After accounting for costs, including depreciation, financial costs, and wages, the company reports a net profit before tax of $400,919, down 50.95% compared to the prior period.
The CEO and founder of Timzer Invest, Tim Stadel Clausen, reports that “the company has downward adjusted its content output as a result of the situation on the search engine market. Instead, new projects have been initiated to rely less on search engines. Despite the situation, the company has managed to keep its revenue at a similar level compared to the previous fiscal year.”
You can read the full annual report on Timzer Invest’s page in the Danish Central Business Register.
The exchange rate USD/DKK 6.90 – the average exchange rate for the year 2024 is used to calculate the financial results in dollars.