Feb 25, 2021 / 12:30AM GMT
William L. Yde - GTN Limited - MD, CEO, President & Executive Director
While revenue continues to be impacted by the COVID-19 pandemic and the related shutdowns in all of our markets, we have made consistent and meaningful progress each quarter since the effects of the pandemic appeared in March of 2020. Revenue increased by $8.7 million from Q4 of fiscal year '20 to Q1 of fiscal year '21 and increased $11.9 million from Q1 to Q2 of fiscal year '21. By the end of second quarter fiscal '21, all of our entities were again EBITDA positive for the quarter and the 6-month period. We showed substantial improvement in revenue and EBITDA in all our markets during the last quarter ending 31 December 2020.
As would be expected when comparing COVID-impacted periods to non-COVID periods, our revenue decreased. Revenue for the half year ended 31 December 2020 decreased 26% when compared to the prior year period. However, the decrease was only 20% in second quarter of fiscal 2021.
The improvement in Q2 performance was largely attributable to our Australian operations, which improved significantly.
Half Year 2021 Gtn Ltd Earnings Call Transcript
Feb 25, 2021
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers