ZEAL Network SE (XTER:TIMA)
€ 48.4 +0.20 (+0.41%) Market Cap: 1.04 Bil Enterprise Value: 989.78 Mil PE Ratio: 21.82 PB Ratio: 4.09 GF Score: 90/100

Q1 2025 ZEAL Network SE Earnings Call Transcript

May 7, 2025 / 07:30 AM GMT
Release Date Price: €47.3 (-0.21%)

Key Points

Positve
  • ZEAL Network SE (XTER:TIMA) reported a strong revenue growth of 42% in Q1 2025, despite the absence of peak jackpots.
  • The company achieved a significant increase in EBITDA, nearly doubling compared to the previous year.
  • Customer acquisition reached a record high with 247,000 new customers in a quarter without any peak jackpots.
  • The games business showed stable monthly active users and revenue growth, even without peak jackpots, indicating a strong customer value proposition.
  • The Dream House Raffle generated €2 million for charity, with the third raffle already underway, showing strong engagement and success.
Negative
  • The cost per lead (CPL) increased to €48.5, higher than last year, due to the jackpot situation and increased media prices.
  • Indirect costs were higher than previous quarters, raising concerns about cost management.
  • The company advised against extrapolating Q1 results for the full year, indicating potential variability in future quarters.
  • Marketing expenses increased by 16%, which could impact profitability if not managed effectively.
  • Despite strong performance, the company did not upgrade its revenue guidance, suggesting caution about future growth prospects.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

TIMAn.DE - ZEAL Network SE
Q1 2025 ZEAL Network SE Earnings Call
May 07, 2025 / 07:30AM GMT

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Presentation
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Unidentified_1 [1]
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Good morning ladies and gentlemen, and the warm welcome to today's earnings call of the Zal Network SE, following the publication of the Q1 figures of 2025. I am delighted to welcome the CEO, Doctor Helmut Becker, and the CFO, Andrea Bernd, 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. Brand, the stage is yours.

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Unidentified_2 [2]
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