tiprankstipranks
Catalyst Media Group Reports 2024 Financial Results and Announces Dividend
Company Announcements

Catalyst Media Group Reports 2024 Financial Results and Announces Dividend

Story Highlights

Don't Miss Our Christmas Offers:

Catalyst Media ( (GB:CMX) ) has shared an announcement.

Catalyst Media Group PLC (CMG) reported final results for the financial year ending June 30, 2024, highlighting a profit after tax of £283k, down from £2.6 million the previous year, and a proposed final dividend of 4p per share. Despite a decline in profitability due to changes in SIS’s Greyhound rights and other strategic investments, SIS continues to expand its content creation and international operations, particularly in the US market, which could bolster future growth.

More about Catalyst Media

Catalyst Media Group PLC (CMG) operates as a media company primarily through its significant 20.54% stake in Sports Information Services (Holdings) Limited (SIS). The company is involved in the sports information services industry, focusing on content creation, racing, and competitive gaming, with a strong presence in the UK and expanding operations in the US.

YTD Price Performance: -14.63%

Average Trading Volume: 3,445

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £18.4M

Learn more about CMX stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskCatalyst Media Receives Substantial SIS Dividend
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App