Re-Zip Aps

Development in the activities and the financial situation of the CompanyIn the fiscal year, the company concluded investment rounds with both new and existing investors, ensuring operational and growth plans for the upcoming years.During the fiscal year, the company completed the development of a new software platform to support the growth of its circular packaging concept.The company experienced growth in both the number of customers and sold packaging units during the fiscal year, also entering into the first commercial partner contracts for its Packaging as a Service (PaaS) solution, RE-ZIP Manager.International tests were conducted with some of Europe's largest courier and postal companies during the fiscal year. The development in activities is positive, and initiated projects are in the deployment phase. However, the company acknowledges that the adoption of RE-ZIP's circular packaging activity can be behavior-regulating for both retailers and consumers, sometimes taking longer than expected in different markets.Throughout the fiscal year, the company saw increased interest from courier and postal companies, as well as national and international webshops. This heightened interest is attributed to general societal trends toward sustainability in logistics and e-commerce, including the EU legislation on Extended Producer Responsibility and the EU's goals for increased use of circular packaging. The company notes that the EU's goal in the Packaging and Packaging Waste Directive (PPWD) for 10% circular packaging for transport packaging by 2030 remains despite significant lobbying from single-use packaging manufacturers.To meet international demand, the company has further developed a plug-and-play partner model as part of the RE-ZIP software. This model allows international courier and postal companies to implement and operate a fully circular concept, offering circular packaging solutions to webshops in their respective geographical areas. Agreements have been made on multiple international partnerships during the fiscal year, contributing to both revenue and valuable insights for the company. The company expects significantly increased activity from both current and new international partnerships in the coming fiscal years.In the fiscal year, the company received a two-digit DKK million amount from the EU LIFE fund for the rollout of circular packaging in Europe with selected partners over the coming years.The company achieved B Corp certification with a score of 124.5 during the fiscal year, contributing positively to the company's business and ensuring transparency in its social and environmental efforts.In line with the company's articles of association to positively contribute to both society and the environment as a whole, the company's Life Cycle Assessments (LCAs) and ESG report, as well as the company's overall goals for environmental impact, are available on the company's website (https://re-zip.com/for-impact/).The company considers the results satisfactory and within the expected budgetary framework.