Zoo Digital Group Plc · LSE:ZOO
Zoo Digital — Q2 2026 Earnings Presentation
37 slides from Zoo Digital's earnings presentation, Nov 19, 2025
Slide 1: ZOO Digital Group plc
ZOO DIGITAL GROUP PLC Stuart Green, CEO Robert Pursell, CFO November 2025
Slide 2: Disclaimer
DISCLAIMER Interim Results FY26 This document has been prepared by ZOO Digital Group plc (the “Company”). It should not be reproduced, redistributed or passed to any other person. This document, the talks given by the presenters, the information communicated during the delivery of the presentation a
Slide 3: Meet our presenters
Interim Results FY26 MEET OUR PRESENTERS Stuart Green, CEO Robert Pursell, CFO • Co-founder in 2001 and CEO since 2006. • Joined August 2025. • Over 30 years’ experience in team building and • 15 years operating as a CFO in growth tech companies. executive management in the TMT industry. • Trained a
Slide 4: For global streaming
Interim Results FY26 FOR GLOBAL STREAMING Confidential – Do not forward Page 4
Slide 5: Well placed for sustainable growth
Interim Results FY26 WELL PLACED FOR SUSTAINABLE GROWTH • Business stabilised following a period of transition by several of ZOO’s largest customers. • Cost savings initiatives are expected to support the delivery of profitability and cash generation in FY26. • ZOO’s tech-enabled proposition aligns
Slide 6: Typical customer workflow: localisation and media services
Final Results FY23 Interim Results FY26 TYPICAL Customer delivers completed titles; ZOO performs all work required to prepare technical materials for distribution (“media services”) and adapt for different countries, languages and cultures (“localisation services”). Localisation Services Subtitling
Slide 7: End-to-end service overview
Interim Results FY26 ZOO Digital // Amazon Service Overview END-TO END ZOO’s localisation services include: • Dubbing • Metadata localisation • Audio post-production • Artwork localisation • Audio description • Compliance editing • Subtitling & Captioning • Media services • Scripting • Audio & video
Slide 8: Outstanding customer performance and reliability metrics
Interim Results FY26 • Outstanding customer performance and reliability metrics. • Highest levels of content security. • Technologically advanced. • End-to-end localisation and media services. • Accelerated project delivery. Page 8
Slide 9: Quality KPI and coverage
Interim Results FY26 FY26 H1 FY25 H1 99.9% 98.8% Coverage 58.2% Coverage 60.9% The quality KPI, which is calculated from measures supplied by all customers that report such data to ZOO, is a revenue-weighted average. “Coverage” refers to the percentage of total revenues in the period that are attrib
Slide 10: H1 FY26 Results
Interim Results FY26 H1 FY26 RESULTS Page 10
Slide 11: Higher margin, more efficient business with the right structure for future growth
Interim Results FY26 Higher margin, more efficient business with the right structure for future growth. Cost rationalisation completed with no adverse impact on quality or innovation. • Revenues decreased by 19% to $22.4 million (H1 FY25: $27.6 million / H2 FY25: $22.0 million). Revenue stable on H2
Slide 12: Cost saving initiatives completed
Interim Results FY26 Cost saving initiatives completed. • More efficient, flexible, higher gross margin, cash generative operation, while maintaining quality. First premium Fast Track projects delivered and proven for global streaming service. • Dubbing in 24 hours; subtitling in 3 hours; “Human in
Slide 13: Statement of comprehensive income
Interim Results FY26 1 OF COMPREHENSIVE INCOME $m’s Revenue FY26 H1 22.4 FY25 H1 27.6 % (18.8)% FY25 H2 22.0 Revenues Cost of sales (12.3) (17.5) 29.4% (14.1) • FY26 H1 revenue grew from $22.0 million in FY25 H2 despite $2.7 million lower dubbing revenues. Gross profit 10.1 10.1 (0.3)% 7.9 • Excludi
Slide 14: Revenues and gross profit
Interim Results FY26 1 Revenues ($000’s) Localisation FY26H1 11,434 FY25H1 17,133 % change (33.3)% Media Services 10,548 9,948 6.0% Revenues Software Solutions 403 480 (16.0)% • Greater reliance on licensed content has benefitted Total 22,385 27,561 (18.8)% Media Services. • Subtitling (within local
Slide 15: Statement of financial position
Interim Results FY26 1 OF FINANCIAL POSITION $000’s FY26 H1 FY25 H1 Non-current Assets 20,825 26,782 Non-current Assets Trade and other receivables 8,880 11,799 • $1.5 million write down of Vista US investment as Netflix contract transferred to group. Contract assets 2,387 4,645 • $1.1 million reduc
Slide 16: Statement of cash flows
Interim Results FY26 Cash flow from operations 1 OF CASH FLOWS $000’s FY26H1 FY25H1 Operating loss for the period (1,154) (2,502) Depreciation and impairment 1,971 2,905 Operating activities • Positive cash from operations as result of cost Amortisation and impairment 1,133 1,192 rationalisation pro
Slide 17: Facilities and liquidity
Interim Results FY26 Facilities • US $3 million invoice discounting facility from HSBC US arranged in 2022 and renewed to June 2026. • European £2 million invoice discounting facility from HSBC UK arranged in October 2024 renewed to October 2026. • UK £250,000 overdraft facility arranged in 2018. Li
Slide 18: Market update
Interim Results FY26 MARKET UPDATE Page 18
Slide 19: Streaming market continues to evolve
Interim Results FY26 Streaming market continues to evolve • Global content spending $210 billion in 2024, growing at CAGR of 10% (source: KPMG). • Media Localisation services spend estimated to be $3 billion (source: Slator). • ZOO’s addressable market estimated to be over $1.5 billion (source: ZOO)
Slide 20: AI implemented across workflows
Interim Results FY26 IMPLEMENTED • ZOO deploys AI across workflows to enhance traditional workflows and reduce time and cost. • AI used for localisation where approved by customers. • Applications of AI are already delivering productivity benefits for ZOO. • AI deployed in ZOO’s new Fast Track offer
Slide 21: Confidential – Do not forward
Services Interimoverview 2021 Results FY26 (AIA) Confidential – Do not forward Page 21
Slide 22: Strategic progress
Interim Results FY26 STRATEGIC PROGRESS Page 22
Slide 23: Five pillars differentiate ZOO in the market
Final Results FY23 Interim Results FY26 PROGRESS OF Five pillars differentiate ZOO in the market and provide competitive advantage Innovation Scalability Collaboration Customer Talent Create value-adding Operate an extensive Work with like- Secure preferred Engage with software technology. freelance
Slide 24: Fast Track: industry first, sets new standards for turnaround
Interim Results FY26 • An industry first – sets new standards for turnaround. • Reduces delivery times for premium localisation: • Subtitling 3 hours. • Dubbing 24 hours. • Overseen by experts, maintains quality levels. • Non-stop, follow-the-sun approach. • Global network of facilities and talent.
Slide 25: Outlook
Interim Results FY26 OUTLOOK Page 25
Slide 26: On track to meet full year market expectations
Interim Results FY26 • On track to meet full year market expectations. • Higher margin, more efficient cash generative business with the right structure for future growth. • Demand for faster turnaround of projects is creating new opportunities. • Global distribution of live and near-live programmin
Slide 27: Trusted partner to biggest names in entertainment
Interim Results FY26 • Trusted partner to biggest names in entertainment. • Pioneered a tech-first approach. • Frameworks in place with all major studios and streamers. • Integrated AI in multiple workflows, delivering faster turnaround and cost savings. • Positioned as a premium solution in a struc
Slide 28: Thank you
Final FinalResults ResultsFY23 FY21 THANK YOU Page 28
Slide 29: Appendix
APPENDIX APPENDIX Page 29
Slide 30: Competitive landscape
COMPETITIVE LANDSCAPE Language Offering Subset or local languages only Global languages Media services specialists End-to-End Vendors All services Service Line Offering 100s of independent dubbing studios Multilingual subtitling specialists Subset of services Some multinational dubbing studios Corpo
Slide 31: ZOO technology
ZOO TECHNOLOGY Confidential – Do not forward Page 31
Slide 32: Services overview
Interim Results Services overviewFY26 2021 Confidential – Do not forward Page 32
Slide 33: Services charged predominantly based on minutes of runtime
Services charged predominantly based on minutes of runtime Freelancers paid on same basis Good contribution margins achieved due to investments made in technology and operations Projects allocated based on quality of service Sales External COS Internal COS Contribution and capacity Framework agreeme
Slide 34: ZOO has good ESG credentials
ZOO has good ESG credentials and is committed to building a responsible future-focused business • Minimising travel of freelancers. • Smaller infrastructure footprint. • Flexible working for staff and freelancers. • Established Diversity, Inclusion, Equity and Belonging (DIEB) forum. • Developed mul
Slide 35: Enjoyment of subtitled vs dubbed content
ENJOYMENT OF SUBTITLED VS DUBBED CONTENT 60% Markets with strong Proportion of respondents who enjoy watching dubbed content dubbing preference Italy Brazil Markets without strong 50% India preference for dubbed Germany Turkey or subtitled content Spain Mexico Saudi Arabia 40% China Argentina Japan
Slide 36: The Board
THE BOARD Gillian Wilmot CBE Since 2019 Extensive board level leadership in private and public environments with industry experience across Chairman B2B, technology, advertising and communications. Strengths in value creation, operational insight and corporate governance. Stuart Green Co-founder; CE
Slide 37: www.zoodigital.com
www.zoodigital.com he