AGM Statement
Zoo Digital Group PLC anticipates revenues of at least $23.0 million for the first half of fiscal year 2027, representing an increase over the previous comparable periods and aligning with management expectations. This growth is driven by increased demand for tech-enabled localisation and media services, particularly in subtitling and media services, as content providers evolve their offerings. While current activity is largely focused on existing content, there are emerging indications of an increased pipeline for original content expected to contribute to revenues in the second half of FY27. The company is also diversifying its revenue streams and reducing customer concentration through new business wins and expanded engagements.
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ZOO Digital Group plc (AIM: ZOO), the tech-enabled localisation and digital media services partner to the global media and entertainment industry, will hold its Annual General Meeting (AGM) at 5.00pm BST today.
At the meeting, Nathalie Schwarz, Chair, will make the following statement:
“The providers of streamed content in the global media and entertainment industry are evolving their offerings, which is creating an increased demand for our tech-enabled services as well as new emerging opportunities for our business. This is mirrored by ZOO’s own position having completed our restructure and the right-sizing of our operations for profitable growth as well as evolving our service offerings to meet changing requirements from customers.
“As a result, the Board expects to deliver revenues for H1 FY27 of at least $23.0 million, an increase on both H1 FY26 and H2 FY26 and in line with management expectations. The Board remains focused on disciplined execution, operational efficiency and cash generation as it seeks to translate improving activity levels into sustained revenue and profit growth.
“In FY27 to date, we have seen an increased level of activity, driven predominantly by the localisation of existing content, rather than new productions, which has led to an increase in Media Services and Subtitling work. This has been typically one-off in nature but demonstrates the flexibility of ZOO’s customer-led “end to end” offering and our ability to provide a broader range of services to support our customers. We are also starting to see emerging indications of an increase in the pipeline of original content coming through, which is expected to contribute to revenues in H2 FY27.
“The Board is confident that the structural shifts across the providers of streamed content in the global media and entertainment sector play to ZOO’s strengths. These providers are increasingly seeking to replicate aspects of live or near real-time traditional linear television to drive growth, both by attracting new audiences and engaging existing subscribers. This is leading to investment in new formats and different content categories with shorter turnaround times. In this area, ZOO continues to leverage its core competitive strength in providing a proven technology platform and tech-enabled solutions, blended with our human expertise and AI, to meet customers’ changing requirements whilst maintaining market-leading quality and security. This is evidenced as we continue to win new business through RFPs and expanded scopes of engagement with several customers, enabling us to diversify our revenues and reduce customer concentration in FY27.”
Board Update, AGM Details and Notice of Results
As announced on 18 May 2026, Mickey Kalifa will stand down from the Board at today’s AGM, having served a term of nine years. The Company thanks him for his longstanding service and valuable contribution over this time. He will be succeeded as Chair of the Audit Committee by Alan Newman. The process for appointing a further independent director and Remuneration Committee Chair Designate is ongoing and an appointment is expected to be made soon.
Management will give a presentation of the business and the operating environment following the formal business of the AGM. Presentation slides will be available on the Company's website later today. Shareholders may register to join a live stream of the AGM, investor briefing and Q&A here: https://www.zoodigital.com/agm-2026/
596/2014 ("MAR"). The persons responsible for making this announcement are CEO Stuart Green and CFO Robert Pursell.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.