Today‘s statement highlights several positives, firstly that H2 revs to December are expected to be higher than in H1 (£7.3m), so importantly indicates that trading conditions have improved since the first lockdown. We also note that high margin ‘Distribution revenue‘ (royalty income on ZIN‘s back catalogue) outperformed in Q4 and helped achieve this sequential growth. Zinc also updates the market on a key client win - none other than Amazon and in-so-doing, ZIN will break in to a new market wit ....
14 Jan 2021
Encouraging FY20 TU: continued progress
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Encouraging FY20 TU: continued progress
Zinc Media Group plc (ZIN:LON) | 77.5 0 0.0% | Mkt Cap: 17.6m
- Published:
14 Jan 2021 -
Author:
Caspar Erskine | Harold Evans | Kevin Ashton -
Pages:
3
Today‘s statement highlights several positives, firstly that H2 revs to December are expected to be higher than in H1 (£7.3m), so importantly indicates that trading conditions have improved since the first lockdown. We also note that high margin ‘Distribution revenue‘ (royalty income on ZIN‘s back catalogue) outperformed in Q4 and helped achieve this sequential growth. Zinc also updates the market on a key client win - none other than Amazon and in-so-doing, ZIN will break in to a new market wit ....