Southern Cross Media Group Ltd Reports Strong Financial Performance
Southern Cross Media Group Ltd (ASX: SXL), a prominent player in the Australian media sector, has announced its financial results for the fiscal year ending June 30, 2025. The company, which operates in the communication services industry, has demonstrated significant growth and operational momentum, as highlighted in its recent financial disclosures.
Key Financial Highlights
Revenue Growth: The company reported a revenue increase of 5.0% to $421.9 million for FY25, compared to the previous year. This growth is attributed to both its broadcasting and publishing businesses, which include regional radio and television stations in Australia and community newspapers in the United States.
EBITDA and Profitability: EBITDA for FY25 was reported at $59.3 million, marking a substantial increase of 39.4% from FY24. Underlying EBITDA from continuing operations was $71.1 million, up 34.4%. Net profit after tax (NPAT) from continuing operations, excluding discontinued operations, was $15.1 million, reflecting a $10.6 million increase from the previous year.
Digital Expansion: A significant contributor to the company’s success was its digital segment, with digital revenue growing by 28.8% to $45.1 million. The LiSTNR platform, in particular, saw its EBITDA contribution rise by $12.9 million, achieving an underlying EBITDA of $2.0 million and becoming EBITDA cashflow positive.
Cost Management: Total underlying costs for continuing operations were $350.7 million, showing a modest increase of 0.5% from FY24, indicating effective cost management amidst growth.
Dividend Information
- The company declared a net profit from ordinary activities after tax attributable to shareholders of $9.2 million, up 104% from the previous year. Dividend details were included in the financial report, reflecting the company’s commitment to returning value to its shareholders.
Market Position and Outlook
With a market capitalization of 159.53 million AUD and a share price of 0.66 AUD as of August 21, 2025, Southern Cross Media Group Ltd has shown resilience and strategic growth. Despite a negative price-to-earnings ratio of -0.705, the company’s improved financial performance and strategic focus on digital expansion position it well for future growth.
The company’s transformation strategy has been a key driver of its success, with continued operating momentum translating into stronger results and a more robust balance sheet. As Southern Cross Media Group Ltd continues to expand its digital footprint and optimize its operations, it remains a noteworthy entity in the media industry.
For further details, stakeholders are encouraged to refer to the full financial report and appendix documents available on the company’s website.