GTN Ltd. ( (AU:GTN) ) has provided an update.
GTN Limited reported a 2% increase in revenue to $96.7 million and an 11% rise in NPAT to $4.9 million for the half-year ended December 2024. Despite a 7% decrease in Adjusted EBITDA, the company’s strategic investments, including a rebranding of ATN and acquisition of premium inventory, are aimed at future growth. The company has repaid a significant portion of its bank debt and increased its net cash position, reflecting strong financial health. Non-Australian operations now account for 55% of the group’s revenue, showcasing GTN’s robust international market presence.
More about GTN Ltd.
GTN Limited is one of the largest broadcast media advertising platforms with a significant audience reach across Australia, Brazil, Canada, and the United Kingdom. The company focuses on delivering advertising services through its extensive network, maintaining a strong international presence and diverse market operations.
YTD Price Performance: -12.50%
Average Trading Volume: 97,631
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$103.1M
See more data about GTN stock on TipRanks’ Stock Analysis page.