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Share Name | Share Symbol | Market | Stock Type |
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Zoo Digital Group Plc | ZOO | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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33.50 | 33.50 | 33.50 | 33.50 |
Industry Sector |
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SOFTWARE & COMPUTER SERVICES |
Top Posts |
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Posted at 05/11/2024 12:37 by devonlad Pretty normal, hopefully they are now progressing well as things have settled down!"The streaming industry continues its transition following strategic realignments and the strikes of 2023. Recent months have witnessed the early stages of recovery as major US media organisations have enacted their plans to adjust for a future in which traditional linear television plays a diminishing role. While many productions that resumed following the strikes have since been completed and distributed to global audiences, changes made in the mix of content types acquired and capital allocation policies, which are more strategic in nature, will take a longer period to yield results and restore levels of industry output to those seen in 2022, particularly in Hollywood. "Against this backdrop ZOO has seen a strong recovery in its pipeline over the first half of FY25 and expects to deliver sales in the period of at least $27 million, equating to a 28% increase over the equivalent prior year period and 42% up on the previous half. As previously stated, the Board expects EBITDA profit in the first half. "Market participants anticipate the industry's recovery continuing until late 2025 which is consistent with the indications ZOO has been provided by its customers. "The Board continues to be confident that the changes arising from the realignment of ZOO's major customers will, in due course, be favourable for the Group. These include accelerated transition to an end-to-end approach with fewer, more capable suppliers; an increasingly diverse mix of original international content with a shift to episodic over feature titles; and greater dependence on ZOO's software platforms, all of which will be advantageous to the Group. "The Company continues to manage its cash position carefully whilst protecting production capability and capacity to satisfy the demand of its customers. As a result, the unaudited cash balance as at 30 September 2024 is expected to exceed $2 million. "Visibility extends only to January 2025, as is normally the case for the ZOO business, however, the Board expects further profitable progress that will put us on track to meet market guidance for the full year ending 31 March 2025." |
Posted at 20/8/2024 10:48 by maddox Investors' view of AI with respect to different firms seems highly subjective - is it perceived as a threat or an opportunity?ZOO see it as an opportunity - 'The recent advances in Generative Artificial Intelligence and Large Language Models have rightly brought the focus on their potential impact and, indeed, opportunities for businesses. As an innovator in its sector, ZOO has been actively working with AI technologies for many years and has developed tools to provide automated assistance to our established practices. The Board believes the Company will benefit from the advantages that AI can bring over the long term. We plan to publish a formal whitepaper in October 2024 on our approach in this field. ' If ZOO becomes perceived as benefitting from AI then this would certainly be a positive. ZOO clients have taken some time to accept the more technological approach and you might expect it to be the same for AI. ZOO is the disruptor in its sector - leveraging technology to provide a better, faster and cost effective proposition - AI is thus a good fit. I'm looking forward to seeing this White Paper. |
Posted at 20/8/2024 06:28 by z1co As the Company entered FY25 and following the end of strikes, with market conditions that increasingly favour ZOO and the cost reductions and restructuring now implemented, the Board believes that ZOO has built an efficient platform to capitalise on the industry recovery. Since the disruption began ZOO has retained all its customers which, in some cases, have reduced their vendor pools, has strengthened some relationships and added new customers. It has continued its global growth initiative by making investments in partners located in South Korea, Spain, Italy, Turkey and Germany, thereby expanding dubbing capacity and capability in the associated key languages. It has opened a new facility in Chennai which not only extends the Company's follow-the-sun programme for media services through access to cost-efficient resources but serves as a hub for dubbing of languages spoken in southern India. The reduction in overall headcount in the UK and USA, needed to realign costs with revenues in the short to medium term, has significantly lowered the break-even position which, combined with the new facility in India, results in improved efficiency by decreasing unit cost of production, thereby enhancing ZOO's operational gearing. |
Posted at 14/8/2024 20:19 by s34icknote Last up date (Sharecast News) - Entertainment localisation and media service provider Zoo Digital Group said in an update on Monday that it has renewed its debt facilities with HSBC for an additional 12 months, amounting to $3m.The AIM-traded firm said that although the facilities remained untapped, they bolstered its financial flexibility for working capital requirements in a progressively improving market environment.As of 31 March, the company's net cash position stood at $5.3m, surpassing previous expectations due to stronger collections in March than initially anticipated.Customer demand had continued its upward trajectory, with March recording the highest invoicing since April last year, driven by an accelerated pipeline.Zoo said the expansion of work had persisted through March and April, with visibility extending up to September.Revenue projections for the first quarter of the 2025 financial year indicated a 36% increase compared to the fourth quarter of 2024, supported by recent cost-saving measures, positioning the company to achieve break-even EBITDA in the first quarter.Zoo Digital said it had secured dubbing and subtitling orders from a major film and television distributor, for which it was recently appointed as a primary vendor, as announced on 26 March.The company said it was focussed on its strategy to leverage innovative technology, including artificial intelligence (AI), to enhance its end-to-end services.That approach, coupled with a capital-efficient model involving production hubs in strategic locations to ensure a 24/7 service offering, was expected to drive profitable revenue growth.Despite the significant industry disruptions in the 2024 financial year, the board said it was optimistic about revenue rebuilding opportunities, particularly with market commentators forecasting a return to 2022 levels of entertainment output by 2025.As a result, the directors said they were confident in at least meeting 2024 market expectations.Zoo Digital said it expected to announce its full-year results for the period ending March in early August.At 1148 BST, shares in Zoo Digital Group were up 12.6% at 61.93p. |
Posted at 09/8/2024 22:02 by z1co Since their last update on 13/05/2024 the company has launched it's dubbing studios in Milan and this week the company has signed it's 50th academic partner.This all points to a busy 2024 compared to last year. ZOO Digital proudly announces the establishment of ZOO dubbing studios in Milan. This strategic move follows the successful acquisition of long-time partner LogoSound, positioning ZOO as a key player in providing exceptional dubbing services in Italy. Founded in Milan in 2006, LogoSound has been a trusted provider of Italian dubbing services to companies such as de Agostini Editore; Boing; Malvista Entertainment; Turner Broadcasting system Europe and CDI Camera Distribuzion . The studio will play a pivotal role in ZOO’s global end-to-end offering for major studios and streaming services. The TPN-approved dubbing facility will not only serve international entertainment giants but also empower local content creators to extend their reach by bringing Italian-language film and TV to global audiences. Gordon Doran, President of ZOO Digital, said: “Italy is a key dubbing territory for the global media and entertainment industry, and with the addition of our Milan hub into our wider global network, we are well-positioned to meet the evolving needs of major studios and streamers across Europe. This strategic expansion not only underscores our commitment to the Italian entertainment industry but also reflects our dedication to the global needs of our clients – including the rising demand for authentic, modern dubs of originals and catalog content.” ZOO Italia will be led by Mapi Lucchesi, ZOO’s experienced Creative Director for Italy, ensuring a smooth transition and seamless integration with the wider ZOO production network. Mapi Lucchesi, Creative Director, Italy, said: “The launch of ZOO’s dubbing studios in Milan represents a significant step forward for our Italian media localization capabilities. We look forward to combining dedicated local expertise with ZOO’s global servicing capacity, to enhance the dubbing experience for our clients and audiences alike.” The launch in Milan is the latest stage in ZOO Digital Group’s strategy of targeted, global expansion. Anticipate more exciting announcements as part of ZOO’s dynamic global growth initiative in 2024. |
Posted at 07/8/2024 07:35 by z1co Great news:ZOO Academy Celebrates a Major Milestone: Welcoming Our 50th Partner August 6 At ZOO Academy, we are thrilled to announce that we have achieved a significant milestone in our journey to revolutionise audiovisual translation education. With the signing of our 50th academic partner, we are proud to reflect on our impact and look forward to an even brighter future. ZOO Academy is committed to equipping educational institutions with ZOO Digital’s subtitling and dubbing tools, ZOOsubs and ZOOdubs. Our advanced software and resources are tailored to offer students practical, real-world experience. By incorporating our technology into their curriculum, our partners can ensure that their students are well-equipped to enter the rapidly changing field of audiovisual translation. With partners spanning over 25 countries, ZOO Academy’s influence is global, diverse and expanding. Reaching our 50th partner is more than just a number; it’s a testament to the trust and confidence that academic institutions worldwide have placed in ZOO Digital. This milestone signifies the growing recognition of the importance of high-quality audiovisual translation training and our tools’ role in achieving that standard. At the heart of ZOO Academy’s mission are three core principles: Equip, Empower, and Elevate. We aim to equip institutions with the best tools available, empower educators and students with the skills and knowledge they need to succeed and elevate the overall learning experience in audiovisual translation. As we celebrate this milestone, we remain committed to our mission and excited about the future. We will continue to forge new partnerships, innovate our tools and resources, and support our fellow academics in every way possible. We want to express our heartfelt gratitude to all our partners for their trust and collaboration. Your support has been integral to our success. Here’s to many more milestones to come! Stay tuned for more updates, and join us on this incredible journey as we continue to Equip, Empower, and Elevate learning experiences in the world of audiovisual translation. |
Posted at 04/8/2024 08:35 by z1co For newbies:MIDAS SHARE TIPS UPDATE: Zoo Digital proves perfect sequel to Netflix: Firm helps streaming giant translate shows into dozens of languages By JOANNE HART, FINANCIAL MAIL ON SUNDAY UPDATED: 12:16, 25 October 2022 Netflix has had a rollercoaster year. Having been an American stock market darling, the stock tumbled when subscription rates went into reverse in early 2022. Now, they are on the rise again. Last week, the firm reported a record 223million paid subscribers with several million more expected to sign up before the year end. Once, Netflix was the only streaming service in town. Today, competition is fierce, as Disney+, Apple TV+, Amazon Prime and a host of others battle for viewers' wallets. Increasingly, they do so by producing their own shows, hits such as Squid Game or Ted Lasso, only available on the network that created them, but streamed to subscribers around the world. Zoo Digital helps to make it all happen. The firm has pioneered a way of using software to allow films and series to be translated into dozens of different languages, so audiences from Kathmandu to Sao Paulo can watch whatever they fancy in their local tongue. Chief executive Stuart Green has amassed a network of 10,000 freelance language specialists, including subtitle creators, dubbing experts, voice actors and directors. Using Zoo's kit, they can work from home, with just a computer, internet connection and, in the case of actors, basic recording equipment. The ease of the process – and the quality of the work – have allowed Sheffield-based Zoo to build relationships with all the streaming giants, including Disney+, which is behind the unexpectedly popular series Welcome To Wrexham, now available in dozens of languages. Last month, Zoo said business was brisk, with first half sales expected to increase almost 90 per cent to $51million (£45million) and plenty of new contracts on the books. Brokers expect full year revenues of $95million for the year to March 2023, with profits more than doubling to $6.9million and further strong increases pencilled in for the year ending March 2024. Green is ambitious too, targeting annual sales of $400million by 2030, with profits rising sharply alongside. The target seems well within reach. The big beasts of streaming are battling it out to produce the best shows and the more languages they are translated into, the more subscribers they can reach. Independent analysis suggests that the translation and localisation services market for media companies should double in size to $3billion a year by 2030, and Zoo is a leader in the field. Midas verdict: Midas recommended Zoo in January 2021 when the shares were 79p. Now they are £1.43 and brokers believe they should reach £2.50 within the next year or two. A strong hold, at the very least. |
Posted at 13/5/2024 07:58 by seagreen And at £1.75/£1.80We're going to the zoo, zoo, zoo. How about you, you, you. You can come too, too, too. We're going to the zoo, zoo, zoo. 8-) |
Posted at 27/4/2024 09:30 by z1co MIDAS SHARE TIPS UPDATE: Zoo Digital proves perfect sequel to Netflix: Firm helps streaming giant translate shows into dozens of languagesBy JOANNE HART, FINANCIAL MAIL ON SUNDAY UPDATED: 12:16, 25 October 2022 Netflix has had a rollercoaster year. Having been an American stock market darling, the stock tumbled when subscription rates went into reverse in early 2022. Now, they are on the rise again. Last week, the firm reported a record 223million paid subscribers with several million more expected to sign up before the year end. Once, Netflix was the only streaming service in town. Today, competition is fierce, as Disney+, Apple TV+, Amazon Prime and a host of others battle for viewers' wallets. Increasingly, they do so by producing their own shows, hits such as Squid Game or Ted Lasso, only available on the network that created them, but streamed to subscribers around the world. Zoo Digital helps to make it all happen. The firm has pioneered a way of using software to allow films and series to be translated into dozens of different languages, so audiences from Kathmandu to Sao Paulo can watch whatever they fancy in their local tongue. Chief executive Stuart Green has amassed a network of 10,000 freelance language specialists, including subtitle creators, dubbing experts, voice actors and directors. Using Zoo's kit, they can work from home, with just a computer, internet connection and, in the case of actors, basic recording equipment. The ease of the process – and the quality of the work – have allowed Sheffield-based Zoo to build relationships with all the streaming giants, including Disney+, which is behind the unexpectedly popular series Welcome To Wrexham, now available in dozens of languages. Last month, Zoo said business was brisk, with first half sales expected to increase almost 90 per cent to $51million (£45million) and plenty of new contracts on the books. Brokers expect full year revenues of $95million for the year to March 2023, with profits more than doubling to $6.9million and further strong increases pencilled in for the year ending March 2024. Green is ambitious too, targeting annual sales of $400million by 2030, with profits rising sharply alongside. The target seems well within reach. The big beasts of streaming are battling it out to produce the best shows and the more languages they are translated into, the more subscribers they can reach. Independent analysis suggests that the translation and localisation services market for media companies should double in size to $3billion a year by 2030, and Zoo is a leader in the field. Midas verdict: Midas recommended Zoo in January 2021 when the shares were 79p. Now they are £1.43 and brokers believe they should reach £2.50 within the next year or two. A strong hold, at the very least. |
Posted at 26/3/2024 10:43 by z1co Zoo Digital shares surge as orders jump following US writers’ strikeUK Investor Magazine 26/03/2024 ZOO Digital shares surged on Tuesday after the media services to the global entertainment industry said orders has returned following the US writers’ trike. Noting clarity on project timelines, Zoo said it is now receiving orders for work on feature films and TV shows completed after the industry strikes of 2023. January saw the highest invoicing month since April 2023 and Zoo sees acceleration in its pipeline. Zoo Digital shares were 25% higher at the time of writing. ZOO Digital anticipates surpassing revised market guidance for FY24, with projected revenues of at least $40 million. Consequently, the expected EBITDA loss will be mitigated. Net cash is forecasted to be at least $3 million, exceeding revised market expectations. While the Company currently holds no debt, it plans to renew its existing undrawn facilities upon expiration. Enhanced Visibility Investors will be pleased momentum is returning to Zoo Digital providing enhanced visibility of work, some of which will extend through September 2024. A considerable number of orders are in progress, with a growing pipeline of projects confirmed for the upcoming period. The order book for FY25 Q1 has seen a notable increase of 30% compared to FY24 Q4, underscoring expectations of a robust revenue recovery in FY25 H1. |
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