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Nine Entertainment Co. Holdings Limited
(Sydney:NEC)
Nine Entertainment Co. Holdings Limited (NEC) vs. S&P 500 (SPY)
Nine Entertainment Co. Holdings Limited Business Overview & Revenue Model
Nine Entertainment Co. Holdings Limited Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 2.62B | 2.69B | 2.69B | 2.33B | 2.16B | Gross Profit |
| 321.63M | 432.88M | 531.09M | 363.82M | 234.32M | EBIT |
| 304.28M | 432.88M | 531.09M | 363.82M | 234.32M | EBITDA |
| 405.45M | 479.31M | 623.25M | 460.03M | -307.02M | Net Income Common Stockholders |
| 110.90M | 181.81M | 297.14M | 169.36M | -524.50M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 92.86M | 119.68M | 153.46M | 171.93M | 187.39M | Total Assets |
| 4.00B | 4.02B | 4.14B | 3.91B | 3.67B | Total Debt |
| 1.08B | 1.01B | 860.65M | 850.43M | 852.62M | Net Debt |
| 986.36M | 893.56M | 707.18M | 678.50M | 665.23M | Total Liabilities |
| 2.22B | 2.14B | 2.07B | 1.95B | 1.79B | Stockholders Equity |
| 1.59B | 1.68B | 1.88B | 1.81B | 1.75B |
| Cash Flow | Free Cash Flow | |||
| 156.42M | 253.94M | 412.46M | 304.40M | 232.09M | Operating Cash Flow |
| 293.42M | 351.78M | 487.23M | 398.16M | 374.50M | Investing Cash Flow |
| -135.95M | -114.83M | -301.23M | -84.23M | -274.09M | Financing Cash Flow |
| -184.28M | -270.74M | -204.46M | -329.40M | -169.14M |
Nine Entertainment Co. Holdings Limited Technical Analysis
Nine Entertainment Co. Holdings Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | $13.13B | 26.88 | 13.33% | 3.29% | 9.70% | 2.64% | |
63 Neutral | AU$2.10B | 22.92 | 5.56% | 6.04% | -0.92% | -3.83% | |
58 Neutral | $13.14B | 6.83 | -2.45% | 3.85% | 2.36% | -36.75% | |
55 Neutral | €1.96B | ― | -24.47% | 8.28% | 5.36% | -846.00% | |
55 Neutral | €207.78M | 23.64 | 1.98% | ― | -6.10% | -90.04% | |
53 Neutral | €159.53M | ― | -71.41% | 1.66% | -7.85% | -3088.82% |
Nine Entertainment Co. Holdings Limited Corporate Events
Nine Entertainment Co. Holdings Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of April 22, 2025. This change in substantial holding could impact the company’s shareholder structure and influence, potentially affecting its market positioning and stakeholder relationships.
Nine Entertainment Co. Holdings Limited has announced a significant change in its substantial holders, with State Street Corporation and its subsidiaries acquiring a notable voting power in the company. This development indicates a strategic investment move by State Street, potentially impacting Nine Entertainment’s market positioning and stakeholder dynamics.
Perpetual Limited has increased its voting power in Nine Entertainment Co. Holdings Limited from 7.568% to 8.825%, reflecting a notable change in its substantial holding. This adjustment in shareholding could influence the company’s strategic decisions and potentially impact its market positioning, given Perpetual Limited’s significant stake.
The Australian Retirement Trust Pty Ltd has ceased to be a substantial holder in Nine Entertainment Co. Holdings Limited as of April 10, 2025. This change in shareholding could impact Nine Entertainment’s shareholder structure and potentially influence its strategic decisions, reflecting shifts in investor confidence or strategy.
Nine Entertainment Co. Holdings Limited has announced a change in the address of its registry office in Sydney, effective from April 14, 2025. This move to a new location at Liberty Place, 161 Castlereagh St, Sydney, is part of the company’s ongoing operational adjustments, although it maintains the same telephone numbers and postal address, indicating minimal disruption for stakeholders.
Nine Entertainment Co. Holdings Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of April 9, 2025. This change in substantial holding may impact the company’s shareholder structure and influence within the market, potentially affecting its strategic decisions and stakeholder interests.
Nine Entertainment Co. Holdings Limited has announced its support for Domain Holdings Australia Limited’s decision to grant due diligence access to CoStar Group Inc. for a revised proposal to acquire Domain. The proposal includes an increased offer price of $4.43 per Domain share, potentially providing Nine with approximately $1.4 billion in cash proceeds, net of capital gains tax, if the deal is finalized.
Nine Entertainment Co. Holdings Limited announced the appointment of Matthew Stanton as a director, effective March 13, 2025. Stanton holds 51,100 ordinary shares under Nine’s Short Term Incentive Plan and 625,571 performance rights under the Long Term Incentive Plan. This appointment is part of Nine’s strategic efforts to strengthen its leadership team, potentially impacting its operational strategies and stakeholder engagement.
Nine Entertainment Co. has appointed Matthew Stanton as its new Chief Executive Officer and Managing Director, effective immediately. Stanton, who has been serving as Acting CEO since October 2024, has a proven track record in leading transformation programs across multiple sectors. His appointment follows a comprehensive international search, and he is expected to continue driving Nine’s strategic and cultural transformation. The announcement underscores Nine’s commitment to strengthening its operations and enhancing its market position, with Stanton’s leadership seen as pivotal in achieving these goals.
Nine Entertainment Co. Holdings Limited announced the issuance of 75,053 ordinary fully paid securities, effective March 4, 2025. This move reflects the company’s ongoing financial activities and could impact its capital structure, potentially influencing its market position and stakeholder interests.
Nine Entertainment Co. Holdings Limited announced the cessation of 152,867 performance rights due to unmet conditions as of January 31, 2025. This development may impact the company’s capital structure and could influence investor perceptions regarding the company’s performance and strategic direction.
Nine Entertainment Co. Holdings Limited has announced a dividend distribution of AUD 0.035 per share for its ordinary fully paid securities, covering the six-month period ending December 31, 2024. The ex-dividend date is set for March 10, 2025, with a record date of March 11, 2025, and payment scheduled for April 24, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its shareholders and may positively impact its market positioning by reinforcing investor confidence.
Nine Entertainment Co. reported its interim financial results for the six months ending December 31, 2024, with a revenue of $1.4 billion and a net profit after tax of $96 million. Despite a challenging economic and advertising environment, Nine achieved growth in streaming and broadcast audiences, particularly through its Olympic coverage, and saw an 8% increase in underlying subscription revenues. The company also delivered $35 million in cost efficiencies and declared an interim dividend of 3.5 cents per share. Nine’s leadership emphasized ongoing strategic and cultural transformation, aiming to maintain its influential position in the Australian media landscape.
Nine Entertainment Co. Holdings Limited reported its financial results for the half year ending December 31, 2024, showing a 2% increase in revenue from ordinary activities. However, the company experienced a 15% decline in net profit after tax, attributed to specific items affecting the financial performance. Despite the decrease in profit, Nine Entertainment announced a fully franked interim dividend of 3.5 cents per share, payable in April 2025, reflecting its commitment to returning value to shareholders.
Nine Entertainment Co. Holdings Limited, as the controlling shareholder of Domain Holdings Australia Limited, has acknowledged the receipt of an unsolicited, non-binding indicative proposal from CoStar Group Inc. for Domain. This proposal is currently under assessment by Domain’s board, and Nine will evaluate the offer with a focus on the interests of its shareholders, highlighting Domain’s strategic importance to Nine’s growth strategy.