Sports Entertainment Group Limited (AU:SEG) has released an update.
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Sports Entertainment Group Limited reported a 7% increase in revenue from continuing operations, reaching $31.9 million for the quarter ending June 2024, with net cash inflows of $2.8 million. The company also managed to reduce its gross debt to $20 million after repaying $4.1 million, and received a $2.1 million deposit from the staged sale of the Perth Wildcats. SEG continues to engage audiences through diverse platforms, including radio, print, television, and online, leveraging its sports media content and entertainment business.
For further insights into AU:SEG stock, check out TipRanks’ Stock Analysis page.
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