Australia · Delayed Price · Currency is AUD Nine Entertainment Co. Holdings Earnings Call Transcripts
Fiscal Year 2026
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Group EBITDA rose 6% to AUD 201 million and net profit after tax jumped 30% to AUD 95 million, driven by strong growth in digital and subscription revenues. Strategic moves, including the QMS acquisition and AI content licensing, are accelerating the shift to growth assets.
Fiscal Year 2025
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The meeting highlighted strong financial results, a major asset sale, and a focus on digital growth and cultural transformation. Leadership transitions, cost efficiencies, and strategic investments were discussed, with robust shareholder support for governance measures and executive remuneration.
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Revenue grew 2% to $2.7B and EBITDA reached $486M, with strong digital and subscription growth. The Domain stake sale will fund significant capital returns, while Stan and publishing segments delivered robust results. FY 2026 guidance points to continued EBITDA growth and disciplined cost management.
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H1 FY25 saw modest revenue and EBITDA growth, driven by digital, streaming, and premium content, despite advertising headwinds. Cost efficiencies and transformation initiatives are expected to deliver over AUD 100 million in savings by FY27, with strong momentum in digital subscriptions and audience growth.
Fiscal Year 2024
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The AGM addressed a challenging year with lower earnings but growth in digital and subscription revenues. The board committed to cultural reform, cost reductions, and strategic transformation, while shareholders raised concerns about gambling ads and asset performance. A 37% strike was recorded against the remuneration report.
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Digital revenue grew 5% to comprise half of group revenues, with strong audience gains across platforms. Despite a tough ad market, cost efficiencies and digital expansion drove profitability, while the Olympics delivered record audiences and over AUD 160 million in revenue.