Mixed picture for Zoo Digital

The Sheffield firm said annual revenue had increased 33 per cent to $15.1m (10.04m). It made a pre-tax loss of $868,000, however, compared to a $380,000 profit the previous year.

Adjusted operating profit was $800,000, compared to a $700,000 loss the previous year (before an exchange gain on intercompany transactions and exceptional impairment).

Zoo's software allows entertainment products to be created more efficiently for multiple languages and countries.

In its results for the year to March 31, chairman Roger Jeynes said Zoo had deepened its relationship with its largest Hollywood customer "extending the number, type and geographic scope of the products and services which we provide to them".

He added: "We are particularly pleased to be able to announce since the end of the year that another major Hollywood studio has now begun adoption of our technology and services."

Earlier this month the firm said a "major" movie-maker has adopted its new authoring software for the Blu-ray Disc format.

It also has a partnership with Multi Packaging Solutions Inc (MPS), to reduce its dependency on a small number of large customers and to use its technology for the management of printing and packaging media for the pharmaceutical and other industries outside entertainment.