Time Out Group Surpasses EBITDA Expectations

Time Out (GB:TMO) has released an update.

Time Out Group plc has reported a strong Q4 performance, with both media and market sales accelerating, leading to an EBITDA for FY24 that is projected to surpass market expectations. The company has seen a 5% increase in its global monthly brand audience to 142 million, with a significant boost from social media platforms like TikTok and Instagram. Time Out continues to expand, including the successful opening of Time Out Porto and several new markets in development, indicating robust operational progress and strategic growth.

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