Zoo Digital Share Price (ZOO)

Oh dear, orders for the services provided by Zoo has caused a restructuring and redundancies. The company is going to make a whacking great big loss. Why does this always seem to happen just after they make a tiny bit of profit? There's a pattern here and you have to wonder why the management can't see it given the money they're all on they should be clever folk (http://tinyurl.com/azr34cy). Given Zoo's USP of "streamlining workflows and saving customers money" and we're in the middle of the worst recession in many years you have to wonder why the management and sales team are failing to sell their services to customers...

Nice little turnaround in operating profit

Stuart Green, CEO of ZOO Digital, commented, "I am pleased to report that the Group was profitable in the first half of the year, driven by an enhanced product portfolio and our focus on higher margin areas. "Whilst there still remains a certain amount of volatility in our markets, we believe that this disruptive influence will ultimately prove beneficial to ZOO. Our systems enable customers to de-risk their business by having a greater degree of control over their work processes and we believe that this will become increasingly attractive across multiple segments of the creative services industry. "We go into the second half with a broader product set and many opportunities to diversify our customer base and we remain cautiously optimistic."

Key Financials · Revenues increased to $6.2m (H1 2011:$5.9m) · Operating profit of $0.2m (H1 2011: loss of $1.1m) · Cash at period end of $0.3m (H1 2011: $1.5m) · EPS of 0.09 cents (H1 2011: loss 7.01 cents)

INTERIM RESULTS FOR THE SIX MONTHS TO 30 SEPTEMBER 2012 ZOO Digital Group plc, the provider of workflow management software and services for creative media production, today announces its financial results for the six months to 30 September 2012. HIGHLIGHTS Operational highlights · Profitable first half of the year · Strong growth in EST and Blu-ray production · ZOO Subtitling tool continues to gain traction · Increasing demand to develop tailored, workflow management solutions

http://www.investegate.co.uk/zoo-digital-group-(zoo)/rns/interim-results/201211210700216328R/