Southern Cross Media Group Ltd

  • IPO date: 2005-11-17
  • Sector: Communication Services
  • GIC Group: Media & Entertainment
  • Industry: Entertainment
  • Company website

Company description

Southern Cross Media Group Limited, together with its subsidiaries, engages in the creation of audio content for distribution on broadcast and digital networks. It operates in two segments, Audio and Television. The company owns 99 radio stations in FM, AM, and DAB+ radio, as well as 34 regional radio stations; broadcasts 93 free to air TV signals in regional Australia; operates LiSTNR, an audio destination for consumers housing radio, podcasts, music, and news; and offers sales representation for open audio platform SoundCloud and Sonos Radio. It also provides social media, live events, and digital platforms that deliver national and local entertainment, and news content. The company was formerly known as Macquarie Media Group. The company was incorporated in 2005 and is based in South Melbourne, Australia.

Financial highlights

Market Capitalization$172.7274 million
P/E Ratio9.51
P/E Growth Ratio0
Book Value1.814
Dividend Per Share0.068
Earnings Per Share0.08
EBITDA60,486
Profit Margin0.0379
Operating Margin TTM0.0835
Return on Assets TTM0.025
Return on Equity TTM0.0427
Revenue TTM504,294.016

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2005-06-30 111,640 50,891
2006-06-30 175,521 64,362 175,521 135,605
2007-06-30 400,205 69,528 330,677 195,297
2008-06-30 427,301 109,084 318,217 232,339
2009-06-30 524,313 139,064 385,249 281,438
2010-06-30 404,673 104,273 300,400 203,128
2011-06-30 485,503 117,563 367,940 248,555
2012-06-30 681,718 115,361 566,357 376,030
2013-06-30 636,993 104,311 532,682 363,620
2014-06-30 635,457 120,440 515,017 368,189
2015-06-30 604,859 107,756 497,103 368,815
2016-06-30 632,993 111,627 521,366 392,076
2017-06-30 681,283 131,394 549,889 413,396
2018-06-30 649,145 126,393 522,752 405,698
2019-06-30 656,332 123,600 532,732 412,291
2020-06-30 539,169 118,269 420,900 351,515
2021-06-30 528,298 158,396 369,902 278,303
2022-06-30 519,398 127,297 392,101 339,433
2023-06-30 503,951 126,130 377,821 336,072

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2005-06-30 394,700 847,600 27,200 100 434,074 820,400
2006-06-30 95,722 2,227,603 1,421,136 387,284 859,084 908,993
2007-06-30 119,610 2,053,157 1,290,046 22,703 1,117,763 947,566
2008-06-30 453,758 2,171,799 1,206,003 298 1,056,900 971,244
2009-06-30 347,070 2,010,171 1,167,048 174,405 852,733 941,415
2010-06-30 38,116 1,395,831 363,442 281 287,544 1,225,400
2011-06-30 31,644 2,398,324 899,325 116 708,472 1,688,149
2012-06-30 97,175 2,474,866 940,496 16,228 690,788 1,686,878
2013-06-30 102,906 2,463,032 896,896 19,194 676,175 1,686,878
2014-06-30 62,090 2,013,662 800,052 84 646,472 1,686,878
2015-06-30 143,051 1,738,315 801,543 21,261 647,751 1,365,110
2016-06-30 94,776 1,687,793 707,645 35,957 432,759 1,379,386
2017-06-30 48,978 1,600,252 949,155 86 368,732 1,379,736
2018-06-30 56,052 1,477,474 882,913 19 357,601 1,379,736
2019-06-30 32,387 1,217,753 783,337 0 323,524 1,379,736
2020-06-30 271,431 1,547,743 959,346 31,370 376,703 1,540,569
2021-06-30 75,420 1,326,841 684,322 9,868 127,225 1,542,884
2022-06-30 49,462 1,071,324 610,917 6,497 126,943 1,537,404
2023-06-30 12,963 1,029,545 594,396 7,105 117,243 1,516,105

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2005-06-30 9,961 14,795
2006-06-30 4,365 18,524 80,927 14,795 95,722 4,529
2007-06-30 37,758 109,432 20,312 99,298 119,610 57,458
2008-06-30 273,804 227,037 316,415 119,610 436,025 178,910
2009-06-30 -84,568 163,447 -106,688 453,758 347,070 57,924
2010-06-30 -82,676 101,393 -308,954 347,070 38,116 19,376
2011-06-30 53,298 164,602 -6,472 38,116 31,644 48,451
2012-06-30 95,022 209,339 65,531 31,644 97,175 56,403
2013-06-30 96,111 153,241 5,731 97,175 102,906 66,962
2014-06-30 -296,008 158,958 -40,816 102,906 62,090 63,466
2015-06-30 -284,950 118,740 80,961 62,090 143,051 15,774
2016-06-30 77,243 223,738 -48,275 143,051 94,776 33,680
2017-06-30 108,563 116,241 -45,798 94,776 48,978 55,753
2018-06-30 1,422 110,158 7,074 48,978 56,052 59,599
2019-06-30 -91,395 111,142 -23,665 56,052 32,387 59,599
2020-06-30 25,100 103,386 239,044 32,387 271,431 30,761
2021-06-30 48,096 116,160 -196,011 271,431 75,420 25,100
2022-06-30 -153,722 -121,871 -25,958 75,420 49,462 25,100
2023-06-30 19,109 56,830 -36,499 49,462 12,963 23,309