tiprankstipranks
Trending News
More News >

SEG Reports Revenue Growth and Debt Reduction

SEG Reports Revenue Growth and Debt Reduction

Sports Entertainment Group Limited (AU:SEG) has released an update.

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1