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An announcement from HT&E Ltd ( (AU:A1N) ) is now available.
ARN Media Limited has demonstrated resilience and adaptability in the face of macroeconomic challenges and a shifting advertising market. The company reported a stable financial position with net assets of $291.4 million as of December 2024, and a robust balance sheet with net debt of $82.2 million. With a focus on growth and transformation, ARN is investing in content and talent to expand its audience and commercial opportunities, leveraging its strong radio brands and digital audio platform to navigate the evolving Australian audio landscape.
More about HT&E Ltd
ARN Media Limited operates in the Australian audio entertainment industry, focusing on radio and digital audio platforms. The company is known for its trusted radio brands, including KIIS and Gold, and aims to build the most profitable audio entertainment business in Australia. It has a strong presence in both metro and regional areas, emphasizing long-term growth and audience engagement.
Average Trading Volume: 51,860
Technical Sentiment Signal: Sell
Current Market Cap: A$165.4M
Learn more about A1N stock on TipRanks’ Stock Analysis page.