ZOO Digital Group plc (LSE:ZOO) reported preliminary results for the year to 31 March 2026 in line with expectations, forecasting at least $3.8 million in adjusted EBITDA on revenue of $42.3 million. The performance follows a cost restructuring programme that delivered $7.3 million in savings. The company ended the period with $3.2 million in cash and $1.1 million drawn on invoice financing facilities, which were expanded in the U.S. to $5 million alongside a £2 million UK facility to support working capital as revenues grow.
Management noted that the media and entertainment landscape in FY26 was shaped by evolving content strategies, including a shift toward licensed content and increased demand for live and near-live programming such as sports and episodic formats. These trends contributed to new client onboarding following recent tender wins. ZOO also highlighted rising demand for its Fast Track localisation service, designed to deliver complex multi-language projects quickly through technology-enabled workflows. In addition, the company signalled governance changes, including a board refresh, the appointment of new independent directors, and a planned transition at chair level.
Despite these developments, the company’s outlook remains cautious. Financial performance continues to reflect ongoing losses and weaker free cash flow, while technical indicators point to a bearish trend, with the share price trading below key moving averages. However, recent results provide some positive signals through cost reductions, improving margins, and positive cash EBITDA. These gains are partly offset by declining revenues and reduced cash levels.
More about Zoo Digital
ZOO Digital Group plc is a technology-driven localisation and digital media services company serving the global entertainment industry. It partners with major Hollywood studios and leading streaming platforms, using proprietary technology and a network of more than 12,000 freelancers to provide services including dubbing, subtitling, captioning, metadata, mastering, artwork, and media processing. The company enables content owners to distribute films, series, and live events across multiple languages, regions, and formats.
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