Sports Entertainment Group Limited (AU:SEG) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Sports Entertainment Group Limited has reported a revenue increase of 10.8% to $124.6 million in FY24, with underlying EBITDA up by 14.6% to $7.4 million, excluding sold-off SENZ audio and digital operations. Significant debt reduction was achieved, with net debt dropping to $13.3 million from $22.8 million the previous year. In light of these positive financials and the successful Stage 1 sale of the Perth Wildcats, the company has announced a special dividend of 2 cents per share.
For further insights into AU:SEG stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue