ZOO Digital - Bonkers valuation of the week!
Interim results from ZOO Digital Group (AIM:ZOO) for the six months ended 30 September 2018 were much anticipated following the update in September.
While sales rose 17% to $14.9m (£11.3m), investment in support of growth saw ‘adjusted’ EBITDA fall to $0.5m from $1.8m in the comparable period – the adjustment excludes share based payments.
Gross profit of $4.9m (H1 FY18: $4.8m) was apparently driven by sales mix shift to localisation and represents a…
Sign up and read the full article
Register to continue reading our content.
Already a member? Login
Previous article Next article