Sara Siep’s business is still booming, although it has not reached the level of the peak years in recent years.

Sara Sieppi is a well -known social influencer and media person. Elle Laitila

The latest financial statements for celebrity beauty Sara Siepin company Semihima Oy, 2024, indicates that the company’s result has increased significantly from the previous year. At the same time, the company’s balance sheet remained at a good level, even though equity decreased.

Semihima Oy’s net sales increased from EUR 239,000 to EUR 293,000. At the same time, the profit for the financial year was € 122,000, compared to EUR 26,000 a year earlier. This means more than four times the growth in the result.

Last year, Sieppi raised a record $ 390,000 dividends from the company. However, it seems that the dividend pot has not yet been paid for the financial statements, but that part is now paid during the current financial year.

– This is indicated by the increased short -term debt, which is probably the company’s dividend debt to the owner Siep. Both the fact that the cash reserves were still quite large at the turn of the year. Sales receivables have grown, so the increased accounting result has not yet been completely realized as a cash flow during the last financial year, Kauppalehti Analyst Erkka Felt notes after reviewing the financial statements.

Short -term guest capital increased from EUR 55,000 to EUR 316,000. Growth is significant and may have been related, for example, to seasonal procurement or investments.

Semihima Oy’s financial situation seems strong. Although capital has shrunk drastically, the company’s income streams still seem to be pushing.

– In addition to the favorable development of sales, the improved profit was influenced by shrinking wage costs. From this it can be concluded that Sieppi increases the proceeds of his work as a dividend than in wage income, where taxation is harder, Felt estimates.

With somebisnes for money

Semihima Oy’s ferocious turnover and the peak years of the Somebisnes were reported in the early 2020s. For example, in 2021, the company generated a huge turnover of EUR 612,000, of which as much as EUR 374,000 was profit.

In 2023, Siep’s own income was EUR 136,000 and EUR 8,000 capital income. The residual tax on Siep was € 13,000. In 2022, Siep’s earnings were EUR 284,000 and capital income was EUR 9,000.

Sieppi has spoke openly in public about money, finances and entrepreneurship in Finland. Through his company, Sieppi makes commercial partnerships for companies and other marketing and advertising. He has 235,000 followers on Instagram. Sieppi advertises, for example, cosmetics, hair care products and workout clothes.

– One of the cooperation usually talks about a few thousand euros, but not tens of thousands. After all, these are the wild sums of this job, Sieppi told Iltalehti about his collaboration in 2022.

Sieppi is currently around the world with her brother Artturin with. The two will compete Amazing Race Finland program.

Sara Sieppi and her brother Arttur participated in the Amazing Race Finland competition. Elle Laitila

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