d.light, the provider of transformational household products and affordable finance for low-income households, has announced a significant milestone: achieving its highest ever quarterly revenue and profits in Q2 2024. This marks the company’s first net income profitable quarter since its founding in 2007.
The remarkable financial performance in Q2 2024 was driven by consecutive record-breaking monthly revenue figures in May and June, coupled with improved operational efficiencies. This led to d.light’s historic net income profitability, setting the company on course to achieve its target of 60 percent year-on-year revenue growth for the current financial year.
Commenting on the achievement, d.light CEO Nedjip Tozun stated, “We’ve set ourselves ambitious growth targets for this financial year and our record-breaking results in Q2 demonstrate that we’re capable of reaching new heights in the coming months. d.light has been EBITDA profitable for several years and we are thrilled to announce our first-ever net income profitable quarter. It’s a true indicator of long-term sustainability for d.light and for the Pay-Go business model, and is a critical milestone for achieving our goal to transform the lives of one billion people by 2030.”
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