ZOO Digital Group Full Year 2024 Earnings: Misses Expectations

In This Article:

ZOO Digital Group (LON:ZOO) Full Year 2024 Results

Key Financial Results

  • Revenue: US$40.6m (down 55% from FY 2023).

  • Net loss: US$21.9m (down by 366% from US$8.23m profit in FY 2023).

  • US$0.23 loss per share (down from US$0.093 profit in FY 2023).

earnings-and-revenue-growth
AIM:ZOO Earnings and Revenue Growth August 22nd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

ZOO Digital Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 13%.

Looking ahead, revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Software industry in the United Kingdom.

Performance of the British Software industry.

The company's shares are down 16% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for ZOO Digital Group (1 is concerning!) that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.