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Zoo Digital PLC on Thursday said it expects revenue to increase for financial 2025, but anticipates its top line for financial 2026 coming in ‘below previous expectations.’ The Sheffield, England-based digital media service said that in the year ended March 31, it expects revenue of $49.4 million, up 22% from $40.6 million the previous year. This is a result of assets from several major projects not being delivered in the fourth quarter of financial 2025 as planned, said Zoo Digital, with delivery now expected in the first half of financial 2026. The firm cited market consensus figures of $50.7 million for financial 2025 revenue. The firm expects adjusted earnings before interest, tax, depreciation and amortisation of at least $100,000, compared to a loss of $13.6 million the prior year. It noted consensus figures of $1.5 million for adjusted Ebitda in financial 2025. Zoo Digital added that it is proactively restructuring costs to focus on being profitable. Due to the ‘current challenging market environment’ caused by the US tariffs, the company expects lower financial 2026 revenue. Zoo Digital shares were down 1.2% at 10.00 pence on Thursday afternoon in London. The company also announced that Robert Pursell has been appointed as chief financial officer ‘on or before August 8.’ Chief Executive Officer Stuart Green said: ‘We are fundamentally reshaping the business to right size our operations and create a sustainable platform for the future. This proactive approach positions Zoo to be profitable and cash generative in the current challenging market, and as industry dynamics change, benefitting from our competitive advantage as a technology-enabled, highly scalable business. ‘We continue to explore new revenue streams with our partners and are well placed to adapt and capitalise on an evolving media and entertainment market.’ Copyright 2025 Alliance News Ltd. All Rights Reserved.
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