Southern Cross Media Group Limited (ASX:SXL)
Australia · Delayed Price · Currency is AUD | Market Cap | 282.48M +73.2% |
| Revenue (ttm) | 466.92M +14.7% |
| Net Income | -1.39M |
| EPS | -0.01 |
| Shares Out | 478.78M |
| PE Ratio | 14.26 |
| Forward PE | 2.85 |
| Dividend | 0.04 (6.67%) |
| Ex-Dividend Date | Sep 3, 2025 |
| Volume | 1,329,317 |
| Open | 0.5550 |
| Previous Close | 0.5900 |
| Day's Range | 0.5500 - 0.5800 |
| 52-Week Range | 0.5250 - 0.9400 |
| Beta | 1.00 |
| Analysts | Hold |
| Price Target | 0.83 (+46.9%) |
| Earnings Date | Aug 19, 2026 |
About ASX:SXL
Southern Cross Media Group Limited, together with its subsidiaries, creates audio content for distribution on broadcast and digital networks in Australia. It operates in two segments, Broadcast Radio and Digital Audio. The company owns 104 radio stations in FM, AM, and DAB+ radio, as well as 56 regional radio stations; operates LiSTNR, an audio app for sports, podcasts, music, radio, and news; and offers sales representation for open audio platform SoundCloud and Sonos Radio. It also provides radio and digital advertising services. The company ... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 4 analysts, the average rating for SXL stock is "Hold." The 12-month stock price target is $0.83, which is an increase of 46.90% from the latest price.
News
Southern Cross Media Group Earnings release: Trading update
Southern Cross Media Group released its earnings on June 10, 2026, summarizing the period's financial results.
ASX 200 LIVE: ASX lower on gold miners, banks; Alcoa tumbles on CFO warning; Southern Cross Media axes 300 jobs, Lendlease names Nick O’Neil as CEO
Losses narrow; oil rises on US-Iran tensions; Alcoa CFO warns on war’s impacts; Lendlease names O’Neil as CEO; Space X says it has lined up blue-chip credit ratings. Follow live.
Gina Rinehart bankrolls purchase of 10% stake in Seven network owner Southern Cross Media
The $26m deal involving media executive Bruce McWilliam signifies return to media business for mining billionaire after previous holdings in Fairfax and Ten Follow our Australia news live blog for lat...
Big line in Southern Cross Media trades; eyes on McWilliam
Aitken Mount crossed 20 million shares in Southern Cross Media Group at 56¢ per share at the open of trade on Wednesday.
Kerry Stokes always had a plan for Southern Cross – he said so himself
The pendulum of power swung back and forth between Southern Cross Media’s Heith Mackay-Cruise and Kerry Stokes. Until it didn’t, and Mackay-Cruise resigned.
ASX 200 Live: ASX dips; Accent Group dives on ASIC probe, Southern Cross chair Heith Mackay-Cruise gone
Volatile session as shares turn up; Southern Cross Media chair steps down; Viva updates on fire; NAB’s cash profit misses; Endeavour outlines $100m in savings; Nuix names CEO. Follow live.
Ex NRMA chief Rohan Lund to lead newly merged Southern Cross Media
Following the abrupt resignation of former Seven West Media chief Jeff Howard, Rohan Lund has been named CEO of the combined media group.
Bruce McWilliam drops millions on major Southern Cross Media stake
Kerry Stokes’ former legal adviser is now among Southern Cross Media’s biggest shareholders after dropping $14 million over the past two weeks.
Southern Cross Media Group Earnings Call Transcript: H1 2026
The merged group reported H1 FY26 pro forma revenue of just over AUD 1 billion, down 1.5% year-over-year, with EBITDA of AUD 106.9 million and NPAT of AUD 34.7 million. Strong digital and audio growth offset challenging market conditions, while cost-saving initiatives and debt reduction remain priorities.
Southern Cross Media Group Quarterly report: H1 2026
Southern Cross Media Group has published its H1 2026 quarterly earnings report on February 23, 2026.
Southern Cross Media Group Slides: H1 2026
Southern Cross Media Group has posted slides in relation to its H1 2026 quarterly earnings report, which was published on February 23, 2026.
Southern Cross Media Group Earnings release: H1 2026
Southern Cross Media Group released its H1 2026 earnings on February 23, 2026, summarizing the period's financial results.
The NRL’s Perth Bears sign deal with The West Australian’s new owners
The West Australian has been one of the fiercest critics of the NRL’s foray into the western state. Will a new deal with Southern Cross Media change this?
ARN Media trims stake in Southern Cross Media; Barrenjoey on trade
Street Talk understands ARN Media, which has a 14.8 per cent stake in Southern Cross Media, was the seller on Thursday afternoon.
Southern Cross Media Group Transcript: AGM 2025
The AGM highlighted strong financial results, digital growth, and a fully franked dividend, with the board emphasizing the strategic benefits of the proposed merger with Seven West Media. Shareholder proposals to remove directors and amend the constitution were defeated, and all board-supported resolutions passed with strong majorities.
Angry shareholders vote against SevenWest executive pay deal as Kerry Stokes says he too has suffered | Weekly Beast
The media tycoon presided over his presumptive last annual general meeting as Seven West Media’s chair. Plus: ABC’s 90s hit returns, but will it work? On Thursday, media tycoon Kerry Stokes presided o...
ASX 200 LIVE: Shares rally; Bank of Queensland raises dividend; ACCC probes Southern Cross Media’s takeover of Seven West
Shares climb; Bank of Queensland raises dividend; gold resets record; Commonwealth Bank AGM kicks off; Orora says $2.2b Saverglass buy not meeting expectations. Follow live.
Like watching a pair of spotted hyenas casing a snuggle of tree sloths
The Southern Cross Media deal shows there is nothing the Stokeses enjoy more than circling a few soft-palmed company directors who are not up for a fight.
The $180m reason why Kerry Stokes is selling Seven West
The tax implications of the billionaire selling Network Seven and his West Australian newspapers to Southern Cross Media are very lucrative.
Southern Cross chair says ‘strong support’ for Seven deal amid fallout
Southern Cross Media’s takeover of Seven West Media has triggered fury, though one investor apologised for saying its board “should be lined up and shot”.
Southern Cross Media Group Transcript: M&A Announcement
A merger between two major Australian media groups will create a leading integrated platform across TV, radio, and digital, with a 50/50 ownership split and $25–$30 million in annual cost synergies expected within two years. The deal is unanimously supported, subject to regulatory and shareholder approvals, and aims to enhance digital growth, market relevance, and shareholder value.
Southern Cross Media Group Press release: M&A Announcement
Southern Cross Media Group issued a press release on September 29, 2025, disclosing material business information to investors.
Southern Cross Media Group Slides: M&A Announcement
Southern Cross Media Group has posted slides in relation to its latest quarterly earnings report, which was published on September 29, 2025.
Southern Cross Media Group Earnings Call Transcript: H2 2025
Strong FY 2025 results with revenue up 5%, EBITDA up 34%, and digital audio revenue up 29%. Guidance for FY 2026 anticipates continued double-digit digital growth, revenue of $435–$440 million, and leverage below 1x.
Southern Cross Media Group Annual report: H2 2025
Southern Cross Media Group has published its H2 2025 annual report on August 24, 2025.