• Type:
  • Category:
Financial Results seat11a · investor briefing

ZEAL Network SE Financial Results H1 2026 | Results & Outlook

Germany, SDAX August 5, 2026 13:58 C-Level
13:58
Loading video…

Share

ZEAL Network SE H1 2026: Key Takeaways

ZEAL Network SE First Half 2026 Financial Results Presentation

In this financial results presentation on seat11a, Andrea Behrendt, CFO of ZEAL Network SE, presents the company’s First Half 2026 Financial Results and discusses record financial performance, operational developments, customer acquisition, product diversification, and strategic expansion into the United Kingdom.

Record First Half 2026 Financial Performance

ZEAL delivered the strongest first half in its corporate history, generating record revenue of €121.8 million, representing year-on-year growth of 20%. EBITDA increased 10% to €38.9 million, corresponding to a margin of 31.9%, while net profit rose 11.9% to €21.8 million. Management attributes this performance to higher lottery billings, improved jackpot conditions, expanding gross margins, growing monthly active users and continued product diversification.

Lottery Billings, Customer Growth and Games Business

Lottery billings increased 13% to €595.9 million, supported by stronger customer activity and improved jackpot dynamics. Monthly active lottery users grew 9%, while newly registered customers reached a record 659,000 during the first half. At the same time, the Games business continued to expand, delivering 17% revenue growth alongside a 34% increase in monthly active users as ZEAL broadened its games portfolio.

Product Diversification and UK Expansion Strategy

A major focus of the presentation is the company’s diversification strategy. Management highlights the continued success of Traumhausverlosung, the launch of the new Traumautoverlosung, and the acquisition of SevenCanyon Ltd., which provides immediate access to the UK’s large and attractive prize draw market while reducing dependence on the German jackpot cycle. These initiatives support ZEAL’s strategy of expanding proprietary products, strengthening customer acquisition and broadening its geographic footprint.

2026 Guidance and Long-Term Growth Ambitions

Looking ahead, management confirmed its EBITDA guidance of €70–75 million for 2026 while updating revenue guidance following the SevenCanyon acquisition. Beyond the current year, ZEAL continues to target mid-teen annual revenue growth together with a sustainable EBITDA margin above 30%, reflecting its long-term growth ambitions.

Chapters
  • Record h1 revenue, profitable growth and continued diversification
  • Extended lotto 6aus49 rollover sequence more than offset slightly lower average eurojackpot level
  • Eurojackpot uplift far exceeds lotto 6aus49
  • P&l: 20% revenue growth with EBITDA margin of ~30%
  • Lottery billings grew 13%, supported by a larger and more active customer BASE
  • Significant increase in gross margin to 18.2%
  • Record level of h1 customer acquisition with disciplined unit economics
  • Games revenue grew 17% as portfolio expansion broadened the user BASE
  • Traumhausverlosung on track – 9th raffle is running
  • Successful launch of traumautoverlosung
  • Overview of strategic focus areas for 2026
    Guidance 2026
  • Key takeaways
Resources
Host
zeal cfo - ZEAL Network SE Financial Results H1 2026 | Results & Outlook - seat11a

Andrea Behrendt
CFO | ZEAL Network SE

hoffmann - ZEAL Network SE Financial Results H1 2026 | Results & Outlook - seat11a

Frank Hoffmann
Head of Investor Relations | Zeal Network SE​

Share
T&C:

This publication is for informational purposes only and should not be considered investment advice. By using this website, you agree to the terms and conditions outlined in the legal pages at www.seat11a.com/legal/

Continuing the Journey: More Presentations

Discover Additional Elevator Pitches

Reviews for ZEAL Network SE Financial Results H1 2026 | Results & Outlook
There are currently no reviews for ZEAL Network SE Financial Results H1 2026 | Results & Outlook
Scroll to top