Factual superindie Zinc Media Group has announced its best revenues for ten years according to its annual results for 2022 published today.
Overall revenues hit £30.1m. Organic revenues were up 39% year on year, with the Group confirming a strong EBITDA profit performance of £0.7m during the second half of the year, along with the acquisition of The Edge Picture Company, announced in August.
Zinc’s new businesses growing by 97% year on year, to nearly £9 million in the year (these new businesses launched since 2020 include: Red Sauce, Supercollider, Rex, Bumblebee Post and three new businesses in Zinc Communicate)
Zinc’s established businesses (Brook Lapping, Tern TV and ZC Publishing) grew 20% in the year with revenues in the second half of the year increasing by 83% year-on-year to £19.2m.
Mark Browning, CEO, Zinc Media Group, says: “In 2022 we set out a strategy built on strong organic growth, supported by selective acquisitions, and this has been successfully delivered. The Group has continued to invest in talent and new business opportunities which are resulting in lots of new work. It’s an incredibly exciting time for the Group.”
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