ZOO Digital to report full-year growth
Sheffield-based ZOO Digital Group is set to report growth in turnover and EBITDA profit in its upcoming full-year results.
The company is a leading provider of localisation and media production services for the entertainment industry.
Using its own revolutionary technology, ZOO delivers cloud-based solutions to simplify the management of global distribution operations for creative organizations.
In a trading update, the company has announced it is set to report revenue of at least $28m (£20.1m) for the year ending 31 March 2018, up from $16.5m (£11.8m) in 2017 as demand for its services grows.
Adjusted EBITDA is expected to be at least $2.3m (£1.6m), compared to $1.8m (£1.3m) the year before.
“We are pleased to confirm guidance for the full year results,” said ZOO CEO Stuart Green.
“We continue to see momentum in the business, driven by our localisation services and remain optimistic for the future.”
The company provides subtitling and dubbing technology and works with major Hollywood studios and leading global broadcasters and has also increased its roster of voice actors and dubbing professionals.
It is also in the process of recruiting a new chief finance officer.