Half Year 2025 NZME Ltd Earnings Call Transcript
Key Points
- NZME Ltd (ASX:NZM) reported an operating EBITDA of $23.9 million for the first half, which is $2.5 million better than the first half of last year.
- OneRoof digital revenue grew by 22% year-on-year, outperforming the market with a 16% increase in residential listing revenue.
- The audio division showed a 26% improvement in operating EBITDA, driven by a 6% increase in digital revenue and a reduction in costs.
- NZME Ltd (ASX:NZM) achieved a 5% reduction in operating costs, contributing to a 12% improvement in operating EBITDA compared to the previous year.
- The company declared a fully imputed interim dividend of $0.03 per share, consistent with last year, indicating stable shareholder returns.
- Operating revenue of $165.7 million was lower than the first half of last year, primarily due to the closure of community publications.
- The statutory net loss after tax was $0.4 million, including $5.2 million of restructuring and other non-recurring costs.
- Digital publishing revenue declined, with digital advertising revenue down 9% year-on-year.
- Print subscriber revenue continued to decline, offsetting the growth in digital subscription revenue.
- The market recovery has been slower than expected, with economic improvement now anticipated in 2026, impacting NZME Ltd (ASX:NZM)'s growth prospects.
Portions of this transcript marked (technical difficulty) indicate audio problems. The missing text will be supplied if a replay becomes available.
Today, we will open the webcast to shareholders and analysts for questions. (Operator Instructions)
I will now hand over to our CEO, Mike Boggs.
Good morning, everyone, and thanks for taking the time to be with us this morning. Those of you participate online webcast, we'll see the presentation materials on the screen, and you'll obviously be able to follow along. Today's session will begin with me providing an update on three key strategic focus areas, followed by a review of our top line financial results and the current market landscape.
I'll then discuss how we're performing in the market and share update on our digital transformation initiatives, which obviously remains central to our strategic objectives. David will then take you through our financial performance covering
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
