Zoo Digital: why the valuation still looks bonkers
Is this yet another over-hyped and over-valued UK company with a flattering valuation? Or there is a meaningful growth story lurking.
Having fallen dramatically since our original 'bonkers blog', the share price of Zoo Digital (LON:ZOO) has staged a modest recovery over the past few months. However, the valuation still looks bonkers to us.
ZOO is a provider of cloud software-based subtitling, dubbing and media localisation services to the TV and movie industry with clients including Walt Disney (US: DIS), Warner Brothers and NBC Universal. The group claims to have ‘re-imagined localisation services’ with the launch of an 'ecosystem' which helps make…
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