)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
ZEAL Network
ZEAL Network (TIMA) investor relations material
ZEAL Network Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary4 Nov, 2026
Executive summary
9M 2026 revenue rose 22.2% to €198.8m and EBITDA increased 8.6% to €58.7m, supported by lottery, Games and SevenCanyon growth.
Lottery registrations topped 1m, up 15%; more than €300m was raised for public funding and charitable causes.
SevenCanyon broadened product and geographic diversification after consolidation from 9 July, contributing €10.5m revenue and €1.4m EBITDA in Q3.
Financial highlights
9M revenue was €198.8m, up 22.2%; EBITDA rose 8.6% to €58.7m, EBIT increased 6% to €50.4m and net profit fell 4.9% to €32.2m.
Like-for-like net profit grew 8%, excluding comparison with the €4.1m deferred-tax benefit in Q3 2025.
Adjusted EBITDA excluding SevenCanyon and one-off effects was €62.7m; reported EBITDA included €1.4m from SevenCanyon.
Marketing expenses increased 35% to €67.4m; total operating costs rose 30.8% to €143.0m.
Q3 revenue rose 26% to €77.0m and EBITDA increased 6% to €19.9m; net profit decreased 28% to €10.4m.
Outlook and guidance
FY 2026 revenue guidance increased from €250–260m to €270–280m following SevenCanyon consolidation and finalised IFRS revenue presentation.
FY EBITDA guidance remains €70–75m, assumes a normal German jackpot environment and includes mid-single-digit million-euro acquisition-related one-offs.
German marketing guidance remains €85–95m.
2027–2029 targets remain mid-teens annual revenue growth and EBITDA margin above 30%.
SevenCanyon is expected to sustain double-digit growth, with a target EBITDA margin of 30% versus a 21% Q3 underlying run rate.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from ZEAL Network
- Record revenue, double-digit profit growth, and UK expansion drive strong H1 2026 outlook.TIMA
Q2 2026 - Acquisition enables UK market entry, diversifies revenue, and is expected to boost EBITDA.TIMAM&A announcement
- Revenue up 6% YoY to €54.3m, active users up 5%, but EBITDA down 13% on higher costs.TIMAQ1 2026
- Double-digit growth in 2025, with strong gains in lottery and games, and robust 2026 outlook.TIMAH2 2025
- Revenue up 32% and EBITDA up 76% year-over-year, with strong customer and margin growth.TIMAH1 2025
- Net profit up 339% to €44m on record revenue, margin gains, and €25m share buyback.TIMAQ3 2024
- Revenue up 40%, EBITDA up 46%, net profit up 561%, with strong 2024 guidance.TIMAH1 2024
- Revenue up 42% and EBITDA nearly doubled, with record customer growth and strong margins.TIMAQ1 2025
- Record revenue and EBITDA in 2024; 2025 targets further growth and expansion.TIMAH2 2024
Next ZEAL Network earnings date
Q4 202617 Feb, 2027
ZEAL Network
Next ZEAL Network earnings date
Q4 202617 Feb, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
ZEAL Network SE is a Germany-based online lottery company specializing in digital lottery brokerage and lottery-related services. The company offers customers access to various lottery games and products through its online platforms, including traditional lotteries, instant win games, and secondary lottery betting. ZEAL Network operates mainly in Germany, where it provides secure and convenient digital solutions for lottery participation, often partnering with state-licensed lotteries. The company is headquartered in Hamburg, Germany, and its shares are listed on the Frankfurt Stock Exchange.