TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Catalyst Media ( (GB:CMX) ) has shared an announcement.
Catalyst Media Group PLC (CMG) reported final results for the financial year ending June 30, 2024, highlighting a profit after tax of £283k, down from £2.6 million the previous year, and a proposed final dividend of 4p per share. Despite a decline in profitability due to changes in SIS’s Greyhound rights and other strategic investments, SIS continues to expand its content creation and international operations, particularly in the US market, which could bolster future growth.
More about Catalyst Media
Catalyst Media Group PLC (CMG) operates as a media company primarily through its significant 20.54% stake in Sports Information Services (Holdings) Limited (SIS). The company is involved in the sports information services industry, focusing on content creation, racing, and competitive gaming, with a strong presence in the UK and expanding operations in the US.
YTD Price Performance: -14.63%
Average Trading Volume: 3,445
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £18.4M
Learn more about CMX stock on TipRanks’ Stock Analysis page.