Appendix 4E and 2025 Annual Report
| Stock | GTN Ltd (GTN.ASX) |
|---|---|
| Release Time | 25 Aug 2025, 8:40 a.m. |
| Price Sensitive | Yes |
GTN Ltd reports FY25 results, announces capital return
- Solid shareholder returns with 48% share price appreciation, 9%+ dividend yield, and $0.23/share capital return
- Diversified geographic footprint provided natural hedging against localized market volatility
- Advancing strategic initiatives to drive growth and optimize margins
GTN Ltd has reported its financial results for the year ended 30 June 2025, delivering exceptional shareholder returns despite market headwinds. The company's share price appreciated 48% from July 2024 to June 2025, and it paid a dividend yield exceeding 9% for the full year. Additionally, the board approved a $0.23 per share capital return, which was paid in August 2025. GTN closed the financial year with a strong balance sheet, including net cash of $21.1 million as at 30 June 2025. During the year, the company deployed capital strategically by paying $8.2 million in dividends, eliminating $8 million in bank debt, and returning $5.2 million to shareholders through a share buyback program.The company's diversified geographic footprint provided natural hedging against localized market volatility, with BTN and UKTN delivering solid local currency revenue growth, while CTN and atn were more impacted by macro-economic conditions.Despite the challenging environment, GTN advanced several key growth initiatives, including expanding and extending key affiliate agreements, implementing enhanced sales systems and processes, and commencing comprehensive cost reviews across all markets to optimize margins without compromising revenue potential.Looking ahead, the company's strengthened operations, scalable cost base, and diversified portfolio provide a solid platform for growth in FY26, and the management team is united in its ambition to position GTN for strong and sustained growth.
GTN Ltd reported revenue of $180.2 million for the 2025 financial year, down 2% from the prior year. Adjusted EBITDA was $16.6 million, impacted by one-off costs and macro-economic conditions.
While near-term conditions remain uncertain, GTN's strengthened operations, scalable cost base, and diversified portfolio provide a solid platform for growth. The company is focused on driving growth and delivering strong performance in FY26 while navigating market challenges and capitalizing on emerging opportunities.