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oOh!media Reports Stable Financial Results for 2024

Story Highlights
  • oOh!media reported a 0.3% increase in revenue, totaling $635.63 million for 2024.
  • The company announced a final dividend of 3.5 cents per share, maintaining last year’s rate.
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oOh media Ltd ( (AU:OML) ) just unveiled an announcement.

oOh!media Limited has released its financial results for the year ending December 31, 2024, reporting a marginal increase in revenue by 0.3% to $635.63 million and a 5.7% increase in profit after tax to $36.58 million. The company also reported a 3.0% rise in statutory EBITDA to $286.51 million, while its Adjusted Underlying EBITDA saw a slight decrease of 1.0% to $128.86 million. The Board announced a final dividend of 3.5 cents per share for 2024, maintaining the same dividend rate as the previous year. These results reflect the company’s stable financial performance amid the challenging market landscape, reinforcing its industry position and commitment to providing value to its shareholders.

More about oOh media Ltd

oOh!media is a leading Out of Home media company specializing in enhancing public spaces through engaging environments. The company operates an extensive network of digital and static advertising locations across Australia and New Zealand, including roadsides, retail centers, airports, train stations, bus stops, office towers, and universities.

YTD Price Performance: 8.90%

Average Trading Volume: 1,018,428

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$692.3M

Learn more about OML stock on TipRanks’ Stock Analysis page.

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