Zinc Media Group PLC, a television and content production company, reported its final results for the year ended 31 December 2025, marking the fifth consecutive year of growth in Adjusted EBITDA, Operating Profit, and PBT. Key highlights include
**Revenue Growth**Revenue increased by 28% to £41.5 million, driven by strong performance across the Groups portfolio, including a 16% organic revenue growth (excluding Raw Cut) to £36.8 million.
**Adjusted EBITDA**Adjusted EBITDA rose by 27% to £1.9 million, reflecting continued operational efficiency and strategic growth.
**Strategic Expansion**The Group expanded into entertainment, with £3.2 million in revenues, and saw significant growth in the Middle East, with a 70% increase to £8.5 million.
**IP Revenues**High-margin IP revenues from programs and format sales grew by 53% to £2.7 million, highlighting the Groups focus on intellectual property.
**International Growth**International revenues increased by 20% to £18.5 million, with 45% of total revenue coming from outside the UK.
**Balance Sheet**The Group maintained a robust balance sheet with cash of £3.5 million, despite a decrease from the prior year due to acquisition-related payments and working capital movements.
**Future Outlook**Zinc Media Group has secured £30 million in revenue for FY26, with an additional £28 million in the pipeline, providing strong visibility for the year ahead.
**Strategic Initiatives**The Group launched Zinc Distribution to drive long-term high-margin revenue from global program and format sales and established a permanent presence in Saudi Arabia and Qatar to expand its regional footprint.
**AI Integration**The Group secured £3 million in business from the AI sector and plans to launch a technology innovation initiative in 2026 to leverage digital, AI, and emerging production technologies.
**Cost Management**The Group achieved £0.7 million in annualized savings, exceeding its target, and aims for a further £1 million in savings in FY26.
Overall, Zinc Media Group demonstrated strong financial performance, strategic expansion, and a clear focus on future growth opportunities, positioning itself well for continued success in the evolving content creation market.
| Financial Metric | 2024 | 2025 | Year-on-Year Change |
|---|---|---|---|
| Revenue (£m) | 32.3 | 41.5 | +9.2 (28%) |
| Gross Profit (£m) | 14.4 | 16.8 | +2.4 (17%) |
| Gross Margin (%) | 44.5% | 40.5% | -4% |
| Adjusted EBITDA (£m) | 1.5 | 1.9 | +0.4 (27%) |
| Adjusted Operating Profit (£m) | 0.7 | 0.8 | +0.1 (14%) |
| Adjusted Profit Before Tax (£m) | 0.3 | 0.4 | +0.1 (33%) |
| Cash (£m) | 6.3 | 3.5 | -2.8 (-44%) |
| Net Cash (£m) | 2.8 | 0.0 | -2.8 (-100%) |