Sky Network Television Ltd ( (SYKWF) ) has released its Q4 earnings. Here is a breakdown of the information Sky Network Television Ltd presented to its investors.
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Sky Network Television Ltd, a prominent player in New Zealand’s media industry, offers a wide range of content through satellite, streaming, and broadband services, with a focus on sports and entertainment.
In its 2025 fiscal year, Sky Network Television Ltd faced significant challenges, including a complex satellite migration and economic pressures, yet managed to deliver solid financial results. The company reported adjusted revenue at the lower end of guidance and adjusted EBITDA at the midpoint, alongside a 15.8% increase in full-year dividends.
Key highlights from the year include the successful completion of a satellite migration, securing a five-year rights contract with New Zealand Rugby, and acquiring Discovery New Zealand to enhance digital and advertising revenues. The company also reported a 27% increase in share price and continued strong cash flow, despite revenue challenges.
Looking forward, Sky Network Television Ltd aims to integrate Discovery New Zealand, enhance customer experience, and maintain disciplined cost management while focusing on strategic growth areas such as advertising and digital content. The company remains committed to being a sustainably profitable, Aotearoa-focused business.