Zoo Digital Share Discussion Threads

[z1co] 25/4/2024 08:57

Share price has been consolidating and will continue to rerate higher as the year progresses.

The CEO said on 26/03/2024 that there has been an acceleration of its pipeline of work into March and April 2024 with January invoicing the highest since April 2023.

Many orders are currently in progress and a growing pipeline of further projects over this period has been confirmed.This order pipeline from major customers underpins an expectation of a strong recovery in revenues in FY25 H1.

[7rademark] 25/4/2024 08:33

It's possible they still have some. They must be manually selling now though as yesterday it was really difficult to obtain a buy order of any amount of shares at 37.5p earlier in the day.

[gjltech74] 24/4/2024 19:45

Cannacord still offloading perhaps?

[z1co] 24/4/2024 16:40

Far too many day traders in the markets that start selling after 4 pm.

[z1co] 24/4/2024 15:31

Over the next few years the company will surpass the record revenue ,ebitda and profits it achieved in 2023 which were £90.3m , $15.5m and $9.5m.

According to IC revenue could increase to around $420m by 2030 ie over the next 6 years.

If that was to happen then these shares could easily multibag by 10 times.

[7rademark] 24/4/2024 12:42

Stake building and the mms are holding the share price down to fill it. Tr1 soon imo.

[z1co] 24/4/2024 12:26

Another large buy of 80,000 @ 37.50p at 11.21 reported 1 hour late.

[7rademark] 24/4/2024 12:07

Looking longer term once we break out of this range there is some resistance at 60p then fairly clear back to 200p.

[z1co] 24/4/2024 11:46

A few large buys reported which are normally shown after an hour:

100,000
95,890
82259

[7rademark] 24/4/2024 11:24

Rev of 420m is what x15 the current mcap.

[lagansider] 24/4/2024 10:54

Yes amt, in the Investor Presentation and Q & A that accompanied the Interim Results on 30th November the CEO addressed the issue of AI well. Also, Thanks to both Z1CO and s34icknote for their info re the Trading Updates.

[amt] 24/4/2024 10:36

Mudbath there was a fair bit of discussion about Zoo and AI a while back.
AI still has a way to go before it could compete with a human in dubbing
Actors have a powerful lobby as we saw in the US and in all likelihood stop AI from taking their work.
Zoo are embracing AI where its useful

[z1co] 24/4/2024 09:56

Those comments from IC published before the industrial strikes are really bullish:

Expecting to grow over 800 per cent by 2030.

The board currently thinks Zoo’s addressable market is $1.5bn; it currently has 4 per cent of this. By 2030, it expects the market to double to $3bn and believes its market share could rise to 14 per cent, driven mainly by the growth of its dubbing business, which is yet to take off. This would give Zoo revenue of $420mn. In that time, it expects operating margins to expand to 20 per cent as it benefits from its scaleable platform.

[z1co] 24/4/2024 09:52

Bid has gone very strong suggesting large buyer/s in the background.

Full offer for 30,000 and it's now NT for over 50,000.

[mudbath] 24/4/2024 09:44

Does not AI have the capability to render labour intensive dubbing somewhat passé ?

[z1co] 24/4/2024 09:28

For 25,000 shares MM's are currently quoting 36.15p to BUY and 36.14p to SELL.

[gjltech74] 24/4/2024 09:28

Bargain, picked up a few more just over 36p

[z1co] 24/4/2024 09:14

Comments from IC before the disruption caused by Hollywood strikes last year :

Zoo Digital forecasting huge growth.

Expecting to grow over 800 per cent by 2030.

The board currently thinks Zoo’s addressable market is $1.5bn; it currently has 4 per cent of this. By 2030, it expects the market to double to $3bn and believes its market share could rise to 14 per cent, driven mainly by the growth of its dubbing business, which is yet to take off. This would give Zoo revenue of $420mn. In that time, it expects operating margins to expand to 20 per cent as it benefits from its scaleable platform.

[mon3ybag5] 24/4/2024 07:55

"This could be a game changer in terms of revenue and profitability for zoo"

Implies new all time highs of profit are on the cards, potentually leading to all time high share price.

I'm so bullish on this stock

[z1co] 23/4/2024 11:25

Through the recent period of uncertainty and disruption, ZOO has maintained consistently high performance metrics as measured and reported by its customers. In November 2023,ZOO was named APAC Netflix Preferred Fulfilment Partner of the year. Early budget allocations from its largest client have been positive and we see good potential for one or more of the other large streaming players to give ZOO a greater share of work, particularly given the increased focus on licensing of content. This could be a game-changer in terms of revenue and profitability for ZOO. Having significantly scaled up operations, despite the implemented cost savings, we believe that ZOO is in a good position to deliver material profitable growth when levels of business increase. We look forward to further clarity as the year progresses.

[z1co] 23/4/2024 10:48

Recovery underway and a significant contract
Today’s trading statement from ZOO highlights a ramp-up in demand following the end to the industry-wide strikes of last year. ZOO struck a note of caution in its January update regarding the timing of orders. However new productions are starting to translate into a healthy order pipeline, with a good recovery in revenue anticipated in H1 FY25. The update guides to revenue of at least $40m for the year to March 2024, ahead of our estimate at $36.8m. We have improved our adjusted EBITDA loss marginally to $13.4m. ZOO has also announced a significant new contract with a major studio, operating as preferred partner for subtitling and primary vendor for dubbing. This demonstrates ZOO’s quality as a services vendor and provides evidence that ZOO is emerging post supplier rationalisation as one of the few trusted end-to-end (E2E) suppliers.

Read or download the full report here....

[z1co] 22/4/2024 17:28

s34icknote does have a valid point.The trading update issued on the 26/03/2024 was before the year end and thus the numbers given were very vague.

A trading update if given towards the end of this month will be more detailed.

Also if they can provide more details of how company has been trading in Q1 to date , which will be very useful for stakeholders.

[s34icknote] 22/4/2024 17:08

Looks like before 2022 update they did Jan and April 2022 and 2023 both March and April .

[s34icknote] 22/4/2024 17:05

They seam to do a trading update in March and a full year trading up date in April ! So may be they can confirm full year figures .I'm just going on past two years , been March and April updates .