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GTN Ltd. ( (AU:GTN) ) has issued an update.
GTN Limited has announced its financial expectations for the fiscal year ending June 2025, projecting group revenue between $178 million and $182 million, slightly down from the previous year. The company anticipates adjusted EBITDA to be between $15.5 million and $17.5 million, impacted by one-off corporate costs related to a takeover and rebranding efforts. Despite these expenses, GTN remains optimistic about future growth, supported by a new $35 million bank debt facility and strategic investments in affiliate costs.
The most recent analyst rating on (AU:GTN) stock is a Hold with a A$0.55 price target. To see the full list of analyst forecasts on GTN Ltd. stock, see the AU:GTN Stock Forecast page.
More about GTN Ltd.
GTN Limited operates in the media and broadcasting industry, providing traffic information reports to radio and television stations. The company focuses on delivering advertising solutions through its network, aiming to enhance audience engagement and drive revenue growth.
Average Trading Volume: 74,636
Technical Sentiment Signal: Buy
Current Market Cap: A$116.4M
For an in-depth examination of GTN stock, go to TipRanks’ Overview page.