NZME Ltd. ( (NZMEF) ) has shared an update.
NZME Ltd. reported its financial results for the full year ending December 31, 2024, with a slight increase in total revenue by 0.9% to NZ$350.6 million. However, the company experienced a significant net loss of NZ$16 million, a 225% decline from the previous year, highlighting challenges in its operational performance. Despite the loss, NZME declared a dividend of NZ$0.06 per equity security, indicating a commitment to returning value to shareholders.
More about NZME Ltd.
NZME Ltd. operates in the media industry, providing a range of services including news, entertainment, and digital media products. The company primarily focuses on the New Zealand market, delivering content across multiple platforms such as print, radio, and online.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $111.9M
For detailed information about NZMEF stock, go to TipRanks’ Stock Analysis page.