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Nine Entertainment Co. Holdings Limited ( (AU:NEC) ) has issued an update.
Nine Entertainment Co. reported a revenue of $2.7 billion and a net profit after tax of $133 million for the fiscal year ending June 30, 2025. Despite a 6% decline in EBITDA before specific items, the company saw growth in streaming, broadcast television, and publishing, with significant audience engagement and cost efficiencies. The sale of a 60% stake in Domain and a strategic focus on media assets positions Nine for future growth and leadership in the Australian media industry.
The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
More about Nine Entertainment Co. Holdings Limited
Nine Entertainment Co. Holdings Limited is a diversified media company in Australia, offering a range of services in television broadcasting, streaming, and publishing. The company focuses on leveraging its integrated audience platform to enhance consumer engagement and drive growth in the media sector.
Average Trading Volume: 3,789,824
Technical Sentiment Signal: Buy
Current Market Cap: A$2.76B
Learn more about NEC stock on TipRanks’ Stock Analysis page.