Zoo Digital, a publicly owned company founded in 2001, provides localization and media services to the entertainment industry. Headquartered in the US, the company employs approximately 2000 people and offers broadcast professional services to Hollywood studios, broadcasters, and independent distributors. In 2023, the company's revenue was less than $50 million.
On Thursday, Zoo Digital's share price fell by over 36% after the company announced that full-year revenue and EBITDA would be lower than market expectations, despite an improved order book. The company projected a 24% revenue increase to $50.5 million for the year ending March 31, but also forecast lower dubbing revenues for FY26 compared to FY25. Following this announcement, the finance director, Phillip Blundell, purchased 20,000 shares at 12.15p each. Subsequently, the share price increased by 19.4% to 14.625p. Zoo Digital was also added to Amazon Prime Video's list of Preferred Fulfilment Vendors.
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Zoo Digital offers products in the media tech industry. Zoo Digital's product portfolio comprises of broadcast professional services and content supply chain.
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Zoo Digital's revenues were $40.6M in 2023. Caretta Research has split Zoo Digital's revenue into 3 different product categories, the largest of which is localisation and access services, which represents 54% of Zoo Digital's revenue.
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Zoo Digital's customers primarily consist of broadcast television and radio and entertainment Providers companies. Examples of Zoo Digital's customers include The Walt Disney Company, NBCUniversal and Paramount Global. Zoo Digital has partners like Whip Media. Zoo Digital has suppliers like Interra Systems.
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