• Fastest growing media sector outpacing Television, Digital, and Radio
• ANZ's #1 OOH company, reaching over 98% of metropolitan Australians weekly
• ANZ's largest and most diverse network, with over 30,000 assets

oOh!media Limited (ASX:OML) reported its Full Year 2025 Results, highlighting strong revenue growth of 9% and underlying earnings growth of 7%. The company remains the #1 Out of Home media company in ANZ with a diverse network of over 30,000 assets. Key highlights include: continued structural tailwinds driving Out of Home advertising, which now accounts for a record 16.4% of agency media spend; successful asset roll-outs and disciplined contract wins; operational improvements including a reset of the New Zealand cost base; and sales execution improvements. Financially, the company delivered 9% revenue growth, 10% gross profit growth, and 7% underlying NPAT growth. Free cash flow improved by $20M, with operating cash flow conversion of 59%. The company maintains a diversified and well-balanced lease expiry profile, with over 60% of revenue extending beyond 2029. Looking ahead, the company expects Australia Q1 media revenue to pace at +7% and full-year operating costs to be broadly flat with CY 2025. CY 2026 capex is expected to be between $55M and $65M, contingent upon development approvals, and gearing is expected to remain within target, below 1.0x adjusted underlying EBITDA.

The company expects Australia Q1 media revenue to pace at +7% and full-year operating costs to be broadly flat with CY 2025. CY 2026 capex is expected to be between $55M and $65M, contingent upon development approvals.

Out of Home is expected to continue taking revenue share from other media sectors. The company expects to maintain its gearing within target, below 1.0x adjusted underlying EBITDA.