Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An update from Zoo Digital ( (GB:ZOO) ) is now available.
ZOO Digital Group PLC has announced a trading update for the financial year ending March 31, 2025. Despite an expected revenue increase of 24% to at least $50.5 million and a return to EBITDA profit of at least $1.0 million, these figures fall short of market expectations. The company has implemented cost-saving measures, reducing fixed costs by 20% while improving gross margins. ZOO Digital has secured new customer engagements, including being named a Preferred Fulfillment Vendor for Amazon Prime Video, which is expected to contribute to revenues in FY26. The company’s order book has improved, though revenue recognition for some projects remains uncertain. The company is experiencing increased client interest in licensing rather than original programming, with overall profitability expected to improve due to a lower cost base.
More about Zoo Digital
ZOO Digital Group PLC operates in the digital media and localization industry, providing services such as dubbing, subtitling, and media processing to major Hollywood studios and streaming services. Their technology platform and extensive network of freelancers allow them to help clients globalize content across various territories and languages. The company has partnerships with renowned entities like Disney, Netflix, and Paramount Global, and maintains a global presence with hubs in key locations worldwide.
YTD Price Performance: -28.57%
Average Trading Volume: 263,965
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £27.04M
For an in-depth examination of ZOO stock, go to TipRanks’ Stock Analysis page.