ZOO has provided an update on current trading for the full year ending 31 March 2022. Strong business momentum has continued since the update on 26 January. Management notes that revenue is being driven by the rapid international roll-out of streaming services, and also through increased market share from its new service offerings and customer take-up for its dubbing service. The full year is now expected to be ahead of previous guidance; we increase FY22E revenue by 14% to $65m and adjusted EBI ....
22 Mar 2022
Strong full-year trading update
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Strong full-year trading update
ZOO Digital Group plc (ZOO:LON) | 35.5 -0.3 (-2.5%) | Mkt Cap: 34.7m
- Published:
22 Mar 2022 -
Author:
Gareth Evans | Tessa Starmer -
Pages:
4
ZOO has provided an update on current trading for the full year ending 31 March 2022. Strong business momentum has continued since the update on 26 January. Management notes that revenue is being driven by the rapid international roll-out of streaming services, and also through increased market share from its new service offerings and customer take-up for its dubbing service. The full year is now expected to be ahead of previous guidance; we increase FY22E revenue by 14% to $65m and adjusted EBI ....