ARN Media Ltd Half-Yearly Report and Accounts
Key points
- Revenue decreased by 14% to $126.796m
- Net loss after tax improved significantly by 79% to $(2.492)m
- Digital revenue continued to grow, offsetting declines in broadcast revenue
- Strategic initiatives to simplify business and focus on core operations
- Continued investment in digital transformation and data capabilities
Full summary
ARN Media Ltd has released its half-yearly report for the period ended 30 June 2026. The company reported a 14% decline in revenue to $126.796 million, down from $147.754 million in the prior corresponding period. The net loss after tax improved significantly by 79% to $(2.492) million. The company attributed the revenue decline to challenging market conditions and the impact of 2025 brand safety issues. Digital revenue continued to grow, supported by strong live streaming performance, while regional revenue remained resilient. The company is focusing on rebuilding advertiser confidence, stabilizing Metro revenue, and growing digital and data-led revenue streams. Strategic initiatives to simplify the business and focus on core operations are underway, including the sale of Cody Outdoor Hong Kong and a settlement with former talent Kyle Sandilands.
Guidance
Revenue expected to decline by 10% in FY26, digital revenue growth to continue
Outlook
ARN Media Ltd is focused on stabilizing revenue, growing digital and data-led revenue streams, and enhancing its digital capabilities to capture opportunities in the evolving media landscape.
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