Zinc Media Group plc (AIM: ZIN), the award-winning television and content production group, is pleased to announce that following continued new business conversion the Group is trading in line with market expectations* for FY23 and has a record order book due to be delivered in FY24.
| · | Total revenue won and expected to be recognised in FY23 is £38m. This is an increase of £3m since the last trading update in September 2023. With £38m of revenue already won and expected to be recognised this year, revenue for the whole year will significantly exceed the £30m of revenue generated in FY22. |
| · | The Group is confidently positioned to deliver a record year of revenue and expects adjusted EBITDA for the full year to be in line with expectations. |
| · | The Group has already secured £14m of revenue for FY24, which is £6m more than at the same point last year looking ahead to FY23. |
