ZEAL Network Kicks Off 2024 with a Stellar 35% Revenue Growth

• ZEAL Network SE started 2024 with a 35% revenue growth
• Lottery billings increased by 22% compared to the first quarter of the previous year
• Revenue from lotteries grew by 28%
• The company acquired more than twice as many new customers as in the same period last year
• EBITDA at Group level increased slightly by 1% to € 9.4 million despite almost doubling marketing expenses
• Net income for the period rose to € 21.1 million due to the first-time recognition of expected tax benefits from the utilization of existing tax loss carryforwards in connection with the LOTTO24 squeeze-out.

The next important date, Publication of the Q1 quarterly report, at ZEAL Network is on 08.05.2024.

The price of ZEAL Network at the time of the news was 35,55EUR and did not change compared to the previous day.
15 minutes after the article was published, the price was 35,50EUR this corresponds to a minus of -0,14 % since publication.

ZEAL Network

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-0,56 %

+8,48 %

+19,53 %

+3,62 %

-0,69 %

+79,18 %

-24,48 %

+37,69 %

ISIN:DE000ZEAL241WKN:ZEAL24

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