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ZOO Zoo Digital Group Plc

22.50
-0.75 (-3.23%)
Last Updated: 09:21:02
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Zoo Digital Group Plc LSE:ZOO London Ordinary Share GB00B1FQDL10 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.75 -3.23% 22.50 65,427 09:21:02
Bid Price Offer Price High Price Low Price Open Price
22.00 23.00 23.25 22.50 23.25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computers & Software-whsl USD 90.26M USD 8.23M USD 0.0841 2.76 22.75M
Last Trade Time Trade Type Trade Size Trade Price Currency
09:35:35 O 16 22.78 GBX

Zoo Digital (ZOO) Latest News

Zoo Digital (ZOO) Discussions and Chat

Zoo Digital (ZOO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:35:3622.78163.64O
09:20:4923.0025057.50O
09:20:3122.5010,0002,250.00O
09:20:2622.5010,0002,250.00O
09:00:0722.7012,0612,737.85UT

Zoo Digital (ZOO) Top Chat Posts

Top Posts
Posted at 19/3/2024 08:20 by Zoo Digital Daily Update
Zoo Digital Group Plc is listed in the Computers & Software-whsl sector of the London Stock Exchange with ticker ZOO. The last closing price for Zoo Digital was 23.25p.
Zoo Digital currently has 97,853,011 shares in issue. The market capitalisation of Zoo Digital is £22,750,825.
Zoo Digital has a price to earnings ratio (PE ratio) of 2.76.
This morning ZOO shares opened at 23.25p
Posted at 29/2/2024 10:53 by mortal1ty
Also, I just think someone wants out. Its a £20m market-cap. Like AMT, it probably used to be a 1% in their portfolio and it is suddenly 0.1%. They frankly don't care about price here, they just want out. It is a headache they don't need.

So how do you stimulate volume... you drop the price hard. Already seeing decent volume today.

I am seeing this all over AIM. No natural buyers, so sellers have to force price down to stimulate some demand.
Posted at 25/1/2024 08:23 by amt
Does it advise buying ?
I can't see a placing above 30p in these dire markets. The share price held up quite well yesterday all things considered.
I listened to the latest video from the company and their longterm 400m turnover with ebitda of 20m still remains in place. 20m ebitda seems much lower than I had expected.
However the next 6 months is going to be very difficult and with a large amount of potential dilution to shareholdings its much too risky.
Much better opportunities around such as Bango
Posted at 24/1/2024 09:02 by amt
Bango share price cratered recently but at least there is large recovery potential there. I am afraid I have given up here.
Posted at 24/1/2024 08:49 by 74tom
They've simply mismanaged risk. They had a single customer at >70% revenue concentration for years & never had more than £10m of cash on their balance sheet. If they hadn't have been able to rinse investors for £12.5m at the end of April then the share price would likely be in single digits.

Even today's update is spun in a way that minimises the liquidity problem, with the true picture hiding behind a research tree paywall. This is almost certainly why so many PI's are buying at 42p. It's consistent with the way the initial customer re-org was communicated in May via a YouTube video, with the trading update that accompanied the placing missing any mention of a revenue slowdown.

Still, if the FCA let's them get away with it then companies will take full advantage of financially naive PI's
Posted at 24/1/2024 08:39 by mortal1ty
One more point... which I think summarises Zoo Digital in a nut shell.

I have calculated the FCF that Zoo Digital has generated each year since 2018.

Mar-2018 = 210k
Mar-2019 = 250k
Mar-2020 = -730k
Mar-2021 = 3.2m
Mar-2022 = -500k
Mar-2023 = 8.8m

So over the boom years, where the share price roofed it, and revenue exploded, this business managed to generate $11.7m roughly in free cash flow for its shareholders. Over a 6 year period!

Mar-2024 = -$18.4m by my calculations.

So one has to question how this business is adding any value for shareholders at all. Apart from the exceptionally good year of Mar-2023, the business has never generated any cash flow behind its growth.

Then one bad year... and boom... its $18.4m in the hole. Business deserves the lowest rating possible.
Posted at 20/12/2023 18:48 by w13ken
Up nearly 10% today but there should be a lot more to come. I expect to see Zoo on a few 2024 tip sheets.

Looking back, Zoo Digital were as high as 200p in March, when the Writers Guild of America said nearly 99% of its members had voted for improved conditions. Their strike started in May, SAG-AFRA strikes followed in July, heavily knocking work for ZOO across the year but now issues are resolved there should be a strong bounce back. DYOR.
Posted at 20/12/2023 07:53 by w13ken
Courtesy of Citywire...
Zoo Digital can continue to bounce back, says Liontrust
The resolution of the Hollywood actors’ strike has benefited Zoo Digital (ZOO) which is on track to meet longer-term targets, says Liontrust fund managers Anthony Cross and Julian Fosh.

The pair hold the company, which provides globalisation services for film and TV content, in their £140m Liontrust UK Micro Cap fund.

Shares in the trust fell 60% year-on-year in the six months to September as Hollywood ground to a halt amid strikes from writers and actors but in November, the shares bounced nearly 50% as the strikes were resolved and the company ‘now expects sequentially stronger trading in the coming months, with sales increasing significantly in the next financial year, and earnings are on track to meet market expectations’, said the managers.

Over the long-term, the duo said Zoo Digital will be ‘a beneficiary of the media rationalisation trend, as customers select a smaller group of vendors’.

‘As a result, it anticipates increasing its share of the media localisation market once business levels normalise,’ they said.
Posted at 20/10/2023 19:40 by mortal1ty
Loads of new glassdoor reviews. Most of them negative. I expect due to the mass redundancies being talked about. I have pasted one of the most honest and detailed ones below (just the cons). If you find the review itself they are clearly trying to be balanced and fair

Notice in particular the comment about the tech being very poor and below industry competitors. They mention the tech is actually a hinderence as it takes longer to do production than their peers.

...

So here goes... Limited Career Opportunities: One of the most glaring issues at ZOO is the lack of career growth prospects. There is an overwhelming sense of stagnation among employees, with minimal chances for upward progression. Career development and opportunities for growth are almost non-existent. I'd say that is just a consequence of the current situation at ZOO, but it's always been like that. Minimal Training: While the job might seem exciting from the outside, be prepared for the reality that there is minimal training and support at the start. You are often left to your own devices, which can be overwhelming, especially for newcomers. This lack of training severely hampers professional development at the start. Later down the line when you're comfortable enough to do your job, there's little to no supportive training for your future career prospects. There was some effort that went into boosting training last year but it quickly dried up. Poor Morale: Morale at the company was fluctuant during my tenure. Many employees felt underappreciated, undervalued and underpaid. That was before 2023. It's easy to see why so many people are looking to leave now and it seems the company are happy to let them do so. I think there's a bit of arrogance they can just recruit new staff down the line that will have the same level of expertise of those leaving. If not that, offshore job roles to the offices abroad... more on that later. Mass Redundancies: The company has a history of mass redundancies, and job security was virtually non-existent when I left. These mass layoffs have created an atmosphere of insecurity and instability among the workforce. I was told this tends to happen after a couple of years again and again. This is obviously down to poor board management with poor planning for the future. Any employees still at ZOO know why this has happened this time. Really Low Pay: Compensation here is shockingly low, given the demands of the job and the industry standards. It's challenging to make ends meet, and this is a significant issue that most employees grapple with. The board claims to provide standard wages for the Sheffield area, but this assertion is totally false. In reality, the compensation falls well below industry standards, with other localisation companies in the North of England offering salaries ranging from 35k to 55k, which makes it challenging to meet the cost of living and can leave employees feeling undervalued/exploited. There's a very toxic stigma around those who are disgruntled with salaries. The response is just that the company cannot compete with those types of salaries and if people want to leave, they should. This doesn't just apply to newer employees, but those who have spent 4-5+ years at the company get the same response. It's a very valid issue across the company that salaries are too low and the response has never changed. I think this will really come back and bite them as experienced members have left due to the salaries and before I left it was already causing large problems. You can't replace the experience of those that have grown with the company and have shown loyalty by staying for so long. These people are not call center workers in entry level jobs. Inexperienced Managers: Another concerning aspect was the prevalence of inexperienced production managers. Many of the individuals in these key roles lack the necessary expertise and experience to effectively manage teams and projects. This inexperience often leads to inefficiencies, miscommunications, emotional turbulence and a lack of effective leadership, which can hinder the overall work environment and job satisfaction. It's not their fault either, the little training combined with urgency to fill management roles means inexperienced employees have to make that step up for fear of losing any career progression. Outdated Internal Software: ZOO's reliance on its own internal software for localisation falls behind industry competitors. The outdated tools and software can make the localisation process more cumbersome and less efficient. This can result in longer work hours and greater frustration for employees who are trying to keep up with more modern and streamlined solutions offered by other companies in the industry. You only need to look on competitor websites to see how good their software is. Offshoring Operations: Everyone can see a developing practice of reassigning roles and responsibilities to the offices abroad. While this may not be direct exploitation, it does contribute to the challenging work environment in the UK due to job insecurity and shifting responsibilities. It created uncertainty for employees who may see their roles changing or diminishing. Those who question if this is true should see the job openings being published in offices abroad after making so many redundant in the UK and US.
Posted at 11/8/2023 15:17 by km18
ZOO Digital posted impressive FY23 results yesterday. Revenue grew by 28% to $90.3 million, adjusted EBITDA grew to $15.5 million, EBITDA margin increased to 17.1% while reported profit before tax jumped to $7.9 million from a $0.2m loss a year earlier. The balance sheet strengthened with net cash up to $11.8 million. Valuation is also starting to look a little more reasonable following a two thirds correction in the share price over the past 5 months. The forward PE ratio is down to 18.9x, now top half for the Software & IT Services sector, with PS ratio even better at 0.84x and top quartile for the sector. However, the results had little impact on the share price which remains in a multi-month correction, this is a share still to monitor for the time being...

...from WealthOracle
Posted at 05/4/2023 17:56 by uknighted
ZOO Digital Group plc (AIM: ZOO), a leading provider of end-to-end cloud-based localisation and media services to the global entertainment industry, today announces the acquisition of the remaining 49 per cent. of ZOO Korea.

Since the Company acquired 51 per cent. of the equity in March 2022, ZOO Korea has successfully expanded to deliver an in-territory servicing hub for the most prestigious names in entertainment. The venture has helped to address the growing global demand for Korean content and distribution of non-Korean titles in the country with premium and secure provision of dubbing, subtitling, quality control and media services.

In recent months, two global streaming services have worked with ZOO Korea and further significant new opportunities are in the pipeline. Due to the increased volumes of work, additional investment in people and infrastructure is required to support demand and capture the growing in-territory market for ZOO Korea’s services. In FY22, ZOO Korea generated $1.2 million revenue and $0.1 million profit and the Board believes that it is commercially advantageous for ZOO Korea to become a wholly-owned subsidiary of the Group. The Board estimates that $4.5 million of incremental revenues were recognised across the Group in FY23 as a result of ZOO Korea and that it will generate significant incremental revenue for the Group in future years through its own operations in Korea as well as services provided assisting ZOO in the US and UK.

Under the terms of the transaction, the Company will issue 550,000 ordinary shares in ZOO Digital Group plc to the exiting shareholders of ZOO Korea and make a one-off payment of $200,000 in consideration for their 49 per cent stake.
Zoo Digital share price data is direct from the London Stock Exchange

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