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The latest announcement is out from Zinc Media ( (GB:ZIN) ).
Zinc Media Group plc reported strong financial results for the year ending December 2024, with growth in adjusted EBITDA, operating profit, and profit before tax. The company has refocused its portfolio on more profitable television and content production, expanding into new markets and launching new entertainment labels. Despite a 12% decrease in revenue due to portfolio changes, Zinc Media achieved a record profit and increased gross margins. The company continues to strengthen its market position through strategic acquisitions, such as Raw Cut TV, and the launch of new series, enhancing its reputation for quality content. Looking ahead, Zinc Media has a robust pipeline and expects to exceed efficiency savings targets, providing confidence in meeting FY25 market expectations.
More about Zinc Media
Zinc Media Group plc is an award-winning television and content production company, focusing on creating high-quality programming. The company operates in the media industry, with a strong emphasis on producing television series and content that often leads the UK news agenda. Zinc Media has a diversified portfolio and is known for its strategic acquisitions and disposals to enhance profitability and market positioning.
YTD Price Performance: 18.45%
Average Trading Volume: 12,366
Technical Sentiment Signal: Strong Buy
Current Market Cap: £15.06M
For a thorough assessment of ZIN stock, go to TipRanks’ Stock Analysis page.