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Zinc Media ( (GB:ZIN) ) has issued an announcement.
Zinc Media Group has reported a strong financial and operational performance for the year ending December 2024, with a 50% increase in adjusted EBITDA to £1.5m and a better-than-expected gross cash of £6.3m. The company has undergone significant transformation through strategic acquisitions, disposals, and the launch of a new entertainment label, Electric Violet, signaling a focus on higher-margin television and brand content production. The momentum into FY25 is promising, with a robust pipeline of new commissions and a record level of forward bookings that highlight Zinc’s strengthened industry position and potential for continued profitable growth.
More about Zinc Media
Zinc Media Group plc is a premium television and content creation group that includes award-winning and critically acclaimed labels such as Atomic, Brook Lapping, Electric Violet, Raw Cut, and others. The company produces various factual genre programs for UK and international broadcasters and has a commercial content creation unit that includes The Edge Picture Company and Zinc Audio, specializing in brand films, podcasts, and radio production.
YTD Price Performance: 20.39%
Average Trading Volume: 16,807
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £15.09M
See more data about ZIN stock on TipRanks’ Stock Analysis page.