ZOO has delivered a very solid FY21 (to March) in line with the April update, with revenues up by a third and Adjusted EBITDA more than doubling. The group has navigated exceptionally well through the COVID-19 pressures, adapting its model, investing rapidly in new areas of growth and helping customers flex their own businesses to suit the new world. We see material long-term growth potential as customers continue to invest in content (both new and old) and ZOO’s skillsets and capabilities are clearly in demand.
13 Jul 2021
A strong year – and a lot more to come
Sign up for free to access
Get access to the latest equity research in real-time from 12 commissioned providers.
Get access to the latest equity research in real-time from 12 commissioned providers.
A strong year – and a lot more to come
ZOO Digital Group plc (ZOO:LON) | 36.5 -0.1 (-0.7%) | Mkt Cap: 35.7m
- Published:
13 Jul 2021 -
Author:
Gareth Evans | Tessa Starmer -
Pages:
7
ZOO has delivered a very solid FY21 (to March) in line with the April update, with revenues up by a third and Adjusted EBITDA more than doubling. The group has navigated exceptionally well through the COVID-19 pressures, adapting its model, investing rapidly in new areas of growth and helping customers flex their own businesses to suit the new world. We see material long-term growth potential as customers continue to invest in content (both new and old) and ZOO’s skillsets and capabilities are clearly in demand.