Strong Digital Transformation Progress
Fiscal 2025 finished with $562 million in total revenue, with 53% being digital. Digital subscription revenue grew 16% year over year on a same store basis, and the Ampli Digital Agency surpassed $100 million, showing a 5% growth.
Digital Revenue Growth
Total digital revenue was $298 million in fiscal 2025, with digital subscription revenue growing 32% annually over the last three years, and digital advertising revenue contributing $184 million.
Successful Cost Management
Achieved $40 million in annualized cost reductions in Q2 and an additional $10 million entering fiscal 2026, decreasing cash costs by 5% compared to last year.
Favorable Credit Agreement
Credit agreement with Berkshire Hathaway includes a 25-year runway, fixed interest rate, and no financial performance covenants, providing strategic financial stability.
Balance Sheet Flexibility
Executed strategic termination of the company's fully funded defined benefit pension plan, enhancing balance sheet flexibility and eliminating long-term volatility.