ZOO Digital Group PLC (AIM: ZOO) is a provider of localisation services allowing TV and movie content to be subtitled and dubbed in any language and prepared for sale with all major online retailers. ZOO’s clients are some of the best-known brands in the world including major Hollywood studios, global broadcasters and independent distributors.
ZOO’s point of difference in the marketplace is its development and use of innovative cloud technology. This ensures that content is localised in any language and delivered to all the major online platforms such as Amazon, iTunes, Google and Hulu with reduced time to market, higher quality and lower costs. ZOO’s agile, cloud-based business model enables clients to respond to market trends, scale easily with business growth and capitalise on new routes to market in the fast moving and evolving digital industry.
ZOO operates from the entertainment hubs of Los Angeles and London with a development and production centre in Sheffield. Its full-service proposition includes digital distribution, subtitling & captioning, metadata creation & localisation, dubbing, artwork localisation, workflow and asset management.
ZOO Digital Group plc (AIM: ZOO), a leading provider of end-to-end cloud-based localisation and media services to the global entertainment …
ZOO Digital Group plc (AIM: ZOO), a leading provider of end-to-end cloud-based localisation and media services to the global entertainment …
ZOO Digital Group plc (LON: ZOO), a world-leading provider of cloud-based localisation and digital media services to the global entertainment …
ZOO Digital expands operations in India with launch of Chennai facility ZOO Digital Group plc (AIM: ZOO), the leading provider …
ZOO Digital expands operations in India with launch of Chennai facility ZOO Digital Group plc (AIM: ZOO), the leading provider …
AGM Statement and Trading Update ZOO Digital Group plc (AIM: ZOO), a leading provider of end-to-end cloud-based localisation and media …
| P&L | 2023 US$~000 | 2022 US$~000 |
|---|---|---|
| Revenue | 90,260 | 70,403 |
| Cost of sales | (56,327) | (49,562) |
| Gross Profit | 33,933 | 20,841 |
| Profit & total comprehensive income for the year | 8,232 | 1,362 |
| BALANCE SHEET | 2023 US$~000 | 2022 US$~000 |
|---|---|---|
| Cash & cash equivalents | 11,839 | 5,962 |
| Total assets | 64,248 | 61,412 |
| Total liabilities | (29,115) | (36,420) |
| Net assets | 35,133 | 24,992 |
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Progressive Equity Research (July 2022)
“With fresh content the key differentiator of streaming providers, each service is under pressure to add new, high-quality titles to attract and retain viewers. This has driven the volume of original programme production to an all-time high. Market commentator Ampere Analysis reported that global spend on such content reached $220bn in 2021 and is expected to grow strongly in 2022 and beyond. Of this total, around $50bn was estimated to have been spent by major streaming services. By extrapolating the spend on media localisation by Netflix in 2021 and applying the proportion to a $50bn spend by the major players, management estimate the addressable market for media localisation alone is $1.5bn, with the addressable market for media services incremental to this. New geographies are a key driver of growth and a significant contributing factor to the strong performance in the period, with regional launches from ZOO’s clients in Southeast Asia, Central and Eastern Europe, the Middle East and Africa.”
Yorkshire Post (Nov 2023): Sheffield-based ZOO Digital Group announces expansion of its operations in India
ZOO Digital Group has announced the expansion of its operations in India with the launch of a new production facility in Chennai.
Progressive Equity Research (Aug 2023)
“ZOO has announced FY23 results in line with the guidance given in the recent trading update. Increased market share and the scaling up of its international operations have delivered revenue growth of 28% to $90.3m (FY22: $70.4m),with goodmargin progress and profitability. ZOO’s key growth drivers remain intact, content budgets remain large and the focus by the key streaming playerson monetisation models represents a material opportunity, underpinned by theroll-out of ZOO’s strategic geographic hubs. However, short-term trading has been affected by two temporary market issues: cost cutting among major streaming providers holding back order flows,and the ongoing industry-wide strikes impacting localisation and media services work on new titles.”
