ZEAL Network SE Financial Results Q1 2023 | Strong Start, New Milestones & Outlook, with CFO episode artwork

EPISODE · May 24, 2023 · 7 MIN

ZEAL Network SE Financial Results Q1 2023 | Strong Start, New Milestones & Outlook, with CFO

from Investor Insights from CEOs & CFOs | seat11a · host seat11a.com

ZEAL Network SE Q1 2023: Key Takeaways Overview of Q1-2023 Financial Start In a transparent presentation, ZEAL Network SE, renowned as a premier online lottery product provider in Germany, unveils its financial findings for the first quarter of 2023, guided by CFO Jonas Mattsson. From a glance at the firm’s vigorous inception to the fiscal year, details include a surge in transaction volume, the onboarding of 143 thousand novel customers, and a shareholder-approved dividend proposal of €3.60 per share at the Annual General Meeting (AGM).   The narrative then highlights significant Q1 advancements, notably ZEAL’s authorised permission to provision virtual slot games, marking a pivotal stride in business expansion. Additionally, the company’s induction into the World Lottery Association (WLA) is emphasised, attesting to ZEAL’s esteemed industry standing.   As the presentation evolves, a meticulous dissection of the company’s financial comportment is offered, discussing paramount Key Performance Indicators (KPIs) such as billings, gross margin, net cash, and average billings per user. An increment in EBITDA to €9.3 million is delineated, accompanied by a marginal dip in net profit, attributed to augmented tax expenses.   Concluding the presentation, the video explores the company’s outlook for 2023, predicting a burgeoning of its market leadership and introducing innovative products, including virtual slot games. Furthermore, a notable escalation in investment aimed at recent customer acquisitions is anticipated. Notable Developments and Milestones in Q1Detailed Breakdown of Financial PerformanceLooking Ahead: Company’s Outlook for 2023 ================================= ▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ ================================= T&C This publication is for informational purposes only and does not constitute investment advice. By using this website, you agree to our terms and conditions outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

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ZEAL Network SE Financial Results Q1 2023 | Strong Start, New Milestones & Outlook, with CFO

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