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Zepp Health Corporation (NYSE: ZEPP) is a leading global provider of smart wearables and health technology solutions that enable users to maximize their health, fitness, and wellness. Established in 2013 as Huami Corp., the company rebranded to Zepp Health in February 2021 to emphasize its health-centered approach. Zepp Health is renowned for its innovative brands such as Amazfit, Zepp Clarity, and Zepp Aura, which together form a comprehensive ecosystem empowering users to achieve their wellness goals.
Central to Zepp Health's offerings is the proprietary Zepp Digital Health Management Platform, which integrates advanced technologies including Zepp OS, AI chips, biometric sensors, and sophisticated data algorithms. This platform provides 24/7 actionable insights and guidance, supporting users in their everyday health and fitness journeys. To date, Zepp Health has shipped over 200 million units, with its products accessible in more than 90 countries worldwide.
Zepp Health's product portfolio is diverse, featuring smartwatches, fitness bands, and innovative devices like the Amazfit Helio Ring and Amazfit Bip 5 Unity. The company's products are designed to offer a perfect blend of style and cutting-edge technology, appealing to both professional athletes and everyday fitness enthusiasts. Notably, the Amazfit brand has garnered numerous design accolades, including the iF Design Award and the Red Dot Design Award.
Recent achievements highlight Zepp Health's commitment to excellence and community. The company has been actively involved in significant partnerships, such as sponsoring the NN Rotterdam Marathon and the Escape from Alcatraz Triathlon. Through these partnerships, Zepp Health not only promotes its high-performance wearables but also supports athletic communities worldwide.
Financially, Zepp Health reported revenues of US$39.8 million for the first quarter of 2024, with a gross margin of 36.8%. Despite a challenging market, the company's self-branded products have shown robust performance, contributing significantly to its revenue. Looking forward, Zepp Health continues to expand its product offerings and invest in strategic marketing initiatives, ensuring sustained growth and innovation.
Zepp Health's commitment to advancing health technology is further exemplified by its partnership with LiveX AI to enhance customer experiences on the Amazfit website. This collaboration utilizes AI to provide personalized and efficient customer support, setting a new standard in the industry.
For more information about Zepp Health Corporation and its innovative health technology solutions, visit www.zepp.com.
Zepp Health Corp. (NYSE: ZEPP) announced its identification by the SEC under the Holding Foreign Companies Accountable Act (HFCAA) on May 4, 2022. This occurred due to the use of an auditor whose working papers are not fully inspectable by the PCAOB. A company identified under HFCAA risks delisting if this continues for three consecutive years. Zepp Health is actively seeking to maintain its listing and protect stakeholder interests while complying with regulations in both China and the U.S.
Zepp Health Corp. (NYSE: ZEPP) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2021. This report can be accessed on the Company's investor relations website and the SEC's website. Zepp Health is a leader in smart health technology, providing wearable devices and health analytics services. In 2021, it shipped 36 million units globally. The Company offers free hardcopies of the annual report to shareholders upon request.
Zepp Health has released its 2021 International Sleep White Paper, analyzing data from over 26 million global users. Key findings indicate that the global average sleep duration decreased to 7h09mins. Users in Belgium reported the longest sleep at 7.5 hours, while those in Indonesia had the least at 6h36mins. About 16.3% of users nap daily, with Vietnam, China, and Spain leading in this habit. The report emphasizes the importance of sleep for health, linking active lifestyles to better sleep quality.
Zepp Health achieved significant growth in Q4 2021, ranking among the top five in global adult watch shipments, as per IDC's report. The company shipped over 6.81 million adult watches worldwide, outpacing the overall market growth. Leading in Brazil and Turkey, Zepp also secured second place in Italy, Spain, the Czech Republic, and Indonesia. CEO Wayne Huang emphasized their commitment to leveraging technology for health empowerment. The Amazfit brand is recognized for its diverse offerings, with 11 models among the top 50.
Zepp Health Corporation (NYSE: ZEPP) reported Q4 2021 revenue of RMB1.66 billion (US$260.7 million), down 15.8% from Q4 2020. Despite a year-over-year increase in shipments of Amazfit and Zepp products by 14.3%, COVID-19 impacts and semiconductor shortages hindered overall sales. Full-year revenue totaled RMB6.25 billion, a 2.8% decrease from 2020. Net income for Q4 was RMB36.3 million, a decline from RMB115.2 million a year earlier. The company announced a special dividend of US$0.025 per share and continues a share repurchase program while navigating ongoing global challenges.
Zepp Health Corp. (NYSE: ZEPP) announced that it will release its fourth quarter and full year 2021 financial results on March 17, 2022, before market open. A conference call will follow at 8:00 a.m. ET the same day, accessible via various dialing options. The company, established in 2013, specializes in smart health technology, shipping 46 million units in 2020, including 33 million smart watches. Zepp Health aims to connect health with technology through proprietary AI chips, biometric sensors, and operating systems.
Amazfit, a brand of Zepp Health (NYSE: ZEPP), has launched a Valentine's Day gift guide featuring smart wearables designed to enhance health and connection. The guide highlights products such as the Amazfit GTR 3, GTS 3, and Bip U Series, all emphasizing heart rate monitoring and health management. An exclusive Valentine's Day Sale offers discounts up to 36%, running from January 26 to February 14, 2022, across various countries. The brand encourages customer engagement through social media activities, promising exciting prizes. For more details, visit their official website.
Zepp Health (NYSE: ZEPP) released its 2021 Reports on User Health Status, analyzing data from over 30 million users across five countries. Key findings reveal that exercise patterns have not fully recovered post-pandemic, with notable declines in daily sleep and increases in stress levels. The reports highlight that only 33.3% of US users are within the standard BMI range, while Chinese users exhibit the highest percentage at 57.5%. The analysis indicates a correlation between sleep duration, stress levels, and overall health, stressing the need for improved self-care and physical activity.
Viant Technology Inc. (NASDAQ: DSP) has appointed Brad Samson as Vice President of Investor Relations. With over 30 years of experience, Samson will oversee Viant's investor relations strategy and stakeholder relationships. He previously worked with companies like Zepp Health and Fitbit. Chief Financial Officer Larry Madden expressed excitement about Samson's appointment, emphasizing his capability to enhance communications regarding strategy and growth opportunities. This move is expected to strengthen Viant's position within the advertising software industry.
Zepp Health Corp. (NYSE: ZEPP) has announced an event on January 5, 2022, at 8:00 a.m. PT, aimed at discussing the role of data from smart wearables in healthcare. Industry leaders, including Zepp's CEO Wayne Huang and experts from reputable organizations, will share insights and engage in Q&A sessions. The event will be streamed live on LinkedIn, requiring prior registration. Zepp Health, based in Hefei, China, is a leading developer of smart health technology and shipped 46 million units, including 33 million smart watches, in 2020.
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