Overview
UK localisation services provider expects FY26 revenue of $42.3 mln, in line with company-provided market guidance
Adjusted EBITDA for FY26 expected to be at least $3.8 mln, reflecting $7.3 mln in cost savings
Company expanded US invoice financing facility to $5 mln to support working capital
Outlook
Company expects improved trading following stabilised market conditions and cost efficiencies
Zoo Digital sees new opportunities from evolving customer focus on efficiency and delivery formats
Result Drivers
COST RESTRUCTURING - Co attributed $7.3 mln in savings to decisive actions taken to restructure its cost base
CHANGING CUSTOMER DEMAND - Co cited higher levels of licensed content and increased demand for live and near-live events as market drivers
FAST TRACK SERVICE - Co said its Fast Track localisation service saw growing demand for complex, time-sensitive projects
Company press release: ID:nRSc2950Ca
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Miss*
$42.30 mln
$42.40 mln (2 Analysts)
FY Adjusted EBITDA
Miss
To be at least $3.80 mln
$4.15 mln (2 Analysts)
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Zoo Digital Group PLC is GBp22.00, about 87.2% above its April 28 closing price of GBp11.75
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)