ZEAL Network SE Financial Results Q1 2024 | CFO Sebastian Bielski Breaks Down 35% Revenue Growth Financial Frontiers: Unveiling Corporate Insights & Market Trends with seat11a.com

ZEAL Network SE Q1 2024: Key Takeaways
Sebastian Bielski’s Presentation Overview
Sebastian Bielski, the Chief Financial Officer of ZEAL Network SE,
delivered a comprehensive video presentation, underscoring the company’s
robust financial performance for the first quarter of 2024. Notably,
Sebastian announced a substantial 35% surge in group revenue, reaching
€36.1 million, a significant leap from €26.7 million in the first
quarter of the previous year. This impressive growth was primarily
driven by a noteworthy 22% increase in lottery billings, which soared to
€246.3 million.

Key Financial Metrics Highlighted
Delving into the financial metrics, Sebastian drew attention to a
remarkable 28% upswing in revenues from the lottery sector, with
earnings climbing to €32.0 million. This achievement can be attributed
to ZEAL’s successful strategic customer engagement initiatives, which
have led to a more extensive customer base. The average monthly active
users (MAUs) witnessed a significant 21% year-over-year increase,
indicating the effectiveness of these initiatives in fostering more
frequent and sustained user interaction.

Growth in ZEAL’s Games Business
The video also sheds light on ZEAL’s games business, a newer venture
with promising growth. Revenue from this segment grew by 20% compared to
the fourth quarter of 2023, generating €2.2 million. Notably, the
stability of the gross margin at 7.0% underscores the potential of this
sector as part of ZEAL’s diversified portfolio, indicating its ability
to maintain profitability despite growth.

Challenges and Successes of the Quarter
Sebastian was particularly forthcoming about the quarter’s challenges
and successes. Despite almost doubling marketing expenses and absorbing a
negative one-off effect from a major win in ZEAL’s charity lottery, the
company’s EBITDA increased by 1% to € 9.4 million. This demonstrates
ZEAL’s resilience and ability to manage expenses effectively while
scaling up operations, a testament to our commitment to financial
stability and growth.

Future Strategies and Operational Efficiency
The CFO was open to discussing future strategies, including the
squeeze-out at LOTTO24, which aims to consolidate operations and enhance
efficiency. This move will streamline processes and optimize resource
allocation across the company’s various ventures.

Conclusion and Outlook
Sebastian concluded his presentation by reiterating ZEAL’s commitment to
maintaining a strong growth trajectory and enhancing shareholder value.
He expressed confidence in the company’s strategic initiatives, which
are designed to sustain momentum and enhance shareholder value, expand
customer bases, and innovate within the online lottery market, inspiring
a sense of anticipation for the future.

Importance of the Presentation
This video is a must-watch for investors and industry stakeholders who
are keen on understanding the dynamics of ZEAL Network SE’s operations,
financial health, and strategic direction in the competitive online
lottery and gaming market.


▶️ 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/




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