ZEAL Network SE (0QJQ) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning ladies and gentlemen and a warm welcome to today's earnings call of the Ziel Network SE following the publication of the Q1 figures of 2025. I am delighted to welcome the CEO Dr. Helmut Becker and the CFO Andrea Behrendt who will guide us through the presentation and the results. After the presentation we will move on to a Q&A session in which you will be allowed to place your questions directly via audio line to the management. Questions via chat cannot be submitted today. So having said this, Mrs. Behrend, the stage is yours. Good morning, everybody, and welcome to our Q1 Earnings Call. First of all, Sorry that none of you won actually the 120 million euro jackpot yesterday. Bad luck for you, but great news for Zeal. So let's talk business. I hope you all can see the presentation. If not, you can find it on our website. Let me talk you through the agenda. We will share the highlights of Q1, then go into the financial details, followed by an update on strategic focus and the guidance for 2025. We will iterate our dividend proposal and close with the key takeaways. Before, it's your turn and we are happy to take your questions. Handing over to Helmut now to give us a short summary for Q1. Good morning. Q1 was a successful quarter. Compared to last year, we saw very strong margins. We acquired more new customers than ever before in a quarter without a peak jackpot. Our high revenue growth continued and our EBITDA almost doubled. Back to Andrea. Thanks, Helmut. Now let's get into the details of our Q1 financials. First of all, let's put the results into context with the jackpot environment. As you all know, jackpots are important for us to drive customer acquisition and activation of our existing customers. Q1 2025 was marked by the absence of any peak jac...