profit from every €100 of sales.
€0€100
ZEAL Network
€41.20+1.48% today
-21.4% since Dec 21, 25
1-year low €38.101-year high €52.60
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay €20.84 for every €1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What ZEAL Network sold, what it kept, and what it did with the cash.
Sales went from €105 million in 2022 to €218 million in 2025, with €41.7 million of profit last year.
SalesProfit
ZEAL Network handed back 84% of the cash it generated last year.
€51M
Free cash flow 2025€61M
Bought back its own shares€0
Paid as dividends€51M
Cash vs. debt€119M vs. €88M
ZEAL Network vs. similar companies
ZEAL Network grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
| ZEAL Network | 20.8× · Fair price | ||
 Aristocrat Leisure | 24.0× · Fair price | ||
 Evolution | 13.3× · Cheap | ||
 DraftKings | 2,537.1× · Very expensive | ||
 The Lottery | 33.3× · Expensive |
AI analysis
An AI analyst reads ZEAL Network's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 105 | 116 | 188 | 218 | |
| 95 | 104 | 170 | 197 | |
| 23 | 23 | 54 | 60 | |
| 32 | 33 | 61 | 69 | |
| 16 | 13 | 58 | 42 | |
| 0.72 | 0.59 | 2.70 | 1.98 | |
| 89.9% | 89.7% | 90.2% | 90.4% | |
| 21.6% | 19.9% | 28.5% | 27.6% | |
| 15.2% | 11.1% | 31.0% | 19.1% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 460 | 395 | 458 | 454 |
| Cash | 61 | 58 | 115 | 119 |
| Total debt | 33 | 28 | 99 | 88 |
| Total liabilities | 126 | 130 | 219 | 224 |
| 328 | 259 | 239 | 231 | |
| 22 | 22 | 22 | 21 | |
| 4.6% | 5.8% | 11.0% | 13.2% | |
| 4.9% | 5.0% | 24.5% | 18.1% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 28 | 26 | 75 | 62 | |
| 1 | 0 | 1 | 1 | |
| 27 | 25 | 75 | 61 | |
| Dividends paid | 48 | 79 | 24 | 51 |
| 20 | 0 | 25 | 0 | |
| – | – | – | – |
Valuation
- 20.8×
- –
- 0.52
- 4.1×
- 4.0×
- 14.3×
- 12.2×
- 7.0%
- 4.8%
- 5.8%
Profitability
- 90.4%
- 27.6%
- 19.1%
- –
- 13.2%
- 8.7%
- –
- –
- –
- –
Growth
- +27.6%
- +40.1%
- –
- –
- −1.8%
Financial health
- -0.4×
- 0.38
- –
- 13.9×
- 1.52
- –
- –
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 21%of 982
Top 5%of 994
Bottom 44%of 853
Top 11%of 993
Top 37%of 980
5.8%of the share price, paid each year
On $1,000 invested$58a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
121.4% of its profit
Room to growStretchedMore than it earns: 83.5%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
78Pass
Benjamin Graham
57No pass
Philip Fisher
96Pass
Peter Lynch
100Pass
Joel Greenblatt
45No pass
Charlie Munger
73Pass
Terry Smith
71Pass
Questions about ZEAL Network
Is ZEAL Network a good stock to buy?
A solid business at a fair price. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the ZEAL Network AI analysis
What does ZEAL Network do?
ZEAL Network SE engages in the online lottery brokerage business in Germany. The company operates through three segments: Germany, ONCE, and ZEAL Ventures. It is in Gambling, based in Hamburg, Germany, with 305 employees.
Does ZEAL Network pay a dividend?
Yes. At today's price the dividend is 5.8% a year, about 121% of its yearly profit. In 2025 it paid out €50.6 million in dividends.
Is ZEAL Network stock halal?
No. ZEAL Network does not pass our halal screen: its main business, gambling, is not permitted. How we check
Who are ZEAL Network's competitors?
The largest listed companies in the same industry are Aristocrat Leisure, Evolution, DraftKings and The Lottery. The peers table on this page compares their profit, growth and price with ZEAL Network's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.