• Q1 audio revenue up 4.7% year-over-year
• Underlying Q1 EBITDA up 129% year-over-year
• Continued commercial share gains in broadcast and digital

Southern Cross Media Group Limited (SXL.ASX) provided a market update on its trading performance for the three months ended 30 September 2025 (Q1 FY26). The company reported total audio revenues of $105.1 million, up 4.7% on the prior year. Metro radio share increased to 29.8%, up 1.8 percentage points, marking 12 consecutive months of share improvement. LiSTNR digital audio revenues continued to outpace the market, with share increasing to 49%, up five percentage points on the prior period. The company maintained disciplined cost management, with total costs down 3.4% and non-revenue related costs down 5.8% year-over-year. Q1 EBITDA of $14.0 million was up 129% on the prior year, and the company reaffirmed its FY26 EBITDA guidance of $78 million to $83 million. Net debt at the end of September has reduced further to $63 million, with the full year FY25 dividend totaling $9.6 million being paid in early October.

SCA reaffirmed its FY26 EBITDA guidance in the range of $78 million to $83 million.