Strong Advertising Revenue Growth
Advertising revenue in broadcast and commercial music grew over 45% for the second consecutive year, driven by FAST channels and retail media.
Launch of New Channels
Introduction of new channels like Cozy Cafe and Stargaze, strengthening leadership in connected TV music and ambient content.
Organic Growth
Organic growth reached 12.3%, maintaining a trend of double-digit growth from the previous year's 10.2%.
Debt Reduction
Net debt reduced by $27 million with leverage ending at 2.28x, well within the company’s target.
Revenue and Earnings Improvement
Q4 revenue increased by 14.8% to $96 million, and net income was $7.7 million, a significant improvement from last year's $46.3 million loss.
FAST Revenue Momentum
FAST revenue is tracking well above initial expectations, with over 40% growth in Q1 2026.
Shareholder Returns
275,000 shares repurchased in Q4, totaling $9.1 million for the year, and $20.5 million paid in dividends.