Aug 27, 2024 / 10:30PM GMT
Peter Tonagh - GTN Ltd - Non-Executive Director
Thank you. Good morning, everyone, and thank you for joining us for our overview of GTN's performance in the 2024 fiscal year. We're really proud to report a very solid financial performance for the year while also resetting the business for the future. We delivered a 4% growth in revenues, a 15% increase in adjusted EBITDA, a 115% increase in NPAT. And very importantly, we finished the year with net cash of $23.6 million before lease liabilities of $3.6 million.
Most importantly, we delivered this result while finalizing our transition to a new executive team, resetting the cost base and extending a number of key affiliate agreements. Brent will take us through a bit more detail on each market and on the full year performance, but I do want to focus on a few highlights. As I mentioned, total revenue grew overall by 4% to $184 million, while adjusted EBITDA, our primary measure of performance, grew by 15% to $22.3 million, and NPAT increased by 115% to $5.7 million. If we were to remove the $2.1 million of costs of transitioning to our new team,
Full Year 2024 GTN Ltd Earnings Call Transcript
Aug 28, 2024
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