ZEAL Network

Zeal wants to reduce its dependence on the jackpot business by expanding its offerings to include dream-home and car raffles, aiming primarily to attract younger customers. CEO Stefan Tweraser recently completed the acquisition of Seven Canyon in the UK and is evaluating additional European markets. First-half business is growing: revenue rose 20% to €122 million, with 650,000 new customers since the start of the year; Zeal cites roughly 40% market share in online lotto. The company emphasizes its experience in regulated markets and sees "conditions for sustainably profitable growth." » Más en faz.net

ZEAL Network reports for H1 2026 a revenue increase of 20% to EUR 122m, EBITDA of EUR 39m (+10%) and an EBITDA margin of 31.9%, thus above the target of 30%. Net profit rose 12%; new customers increased 32% to 659,000, while marketing expenses rose 37%. The company confirms its 2026 EBITDA guidance of EUR 70–75m, says it will provide the revenue forecast after the IFRS transition of SevenCanyon, and cites dependence on jackpot conditions as well as integration and regulatory risks as the main uncertainties. » Más en de.investing.com

ZEAL Network has agreed to purchase the remaining 96.5% of SevenCanyon, giving it direct access to the sweepstakes market in the United Kingdom. The purchase price comprises approximately GBP 33.8 million in cash plus up to GBP 4.8 million in performance-based payments payable within six months. ZEAL expects a meaningful revenue and EBITDA contribution after consolidation, confirms a group EBITDA range of EUR 70–75 million, anticipates one‑off transaction costs in the mid single‑digit millions of euros, and forecasts a positive EBITDA contribution in the high single‑digit millions of euros in the first full year after closing. » Más en de.investing.com