Sports Entertainment Group Limited (AU:SEG) has released an update.
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Sports Entertainment Group Limited has reported a revenue increase of 10.8% to $124.6 million in FY24, with underlying EBITDA up by 14.6% to $7.4 million, excluding sold-off SENZ audio and digital operations. Significant debt reduction was achieved, with net debt dropping to $13.3 million from $22.8 million the previous year. In light of these positive financials and the successful Stage 1 sale of the Perth Wildcats, the company has announced a special dividend of 2 cents per share.
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