ARN Media (ASX:A1N) H1 2024 Results

Key financial results

• Revenue: AU$168.1 million (up 1.3% from H1 2023).

• Net profit: AU$5.36 million (90% less than H1 2023).

• Profit margin: 3.2% (compared to 32% in H1 2023).

• EPS: AU$0.018 (compared to AU$0.17 in H1 2023).

All figures shown in the graph above refer to the last 12 months (TTM)

ARN Media earnings per share miss expectations

Sales were in line with analysts’ estimates. Earnings per share (EPS) missed analysts’ estimates by 33%.

Average revenue growth of 3.5% per annum is expected for the next three years. In contrast, growth of 1.6% is forecast for the Australian media industry.

Performance of the Australian media industry.

The company’s share price fell 13% compared to the previous week.

Risk analysis

We should say we have discovered 2 warning signs for ARN Media (1 is a bit worrying!) that you should know before investing here.

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