Ooh!Media Ltd. Announces 2026 Half Year Results
Key points
- Scheme Implementation Agreement with I Squared announced at $1.70 per share
- Group revenue for 1H26 was $340.9M with adjusted underlying EBITDA at $48.1M
- Strong Q3 pacing with double-digit revenue growth expected in Australia
Full summary
Ooh!media Limited (ASX:OML) announced its financial results for the half year ended 30 June 2026. The company reported subdued 1H26 revenues of $340.9 million, with an adjusted underlying EBITDA of $48.1 million. However, the company is seeing strong momentum in the second half of the year, with Q3 pacing up double-digits in Australia. The company also announced a Scheme Implementation Agreement with I Squared at $1.70 per share, including a 2.00c fully franked dividend. The company expects to see further growth in the second half of the year, with fixed cost leverage improving and the benefit of cost actions taken in the first half more fully reflected in the FY26 result.
Guidance
Full-year revenue expected to improve significantly in the second half of the year.
Outlook
The company expects a materially stronger second half with double-digit growth in Q3 in Australia.
Summary generated by a large language model. Please interpret with care.