SCA has surged ahead of ARN Media in the audio broadcaster ASX-listed valuation stakes.
ARN, with its shares last traded at 53 cents, a one year low and well down on the 85 cent a share high, is sitting on a market capitalisation of $166 million.
SCA last traded at 74 cents a share, well ahead of the one year low of 45 cents but down from the 97 cent a share high, creating a market capitalisation of $178 million.
This week SCA reported “strong” audio revenue, ahead of its own guidance, for the first four months of calendar 2025, up about 9% on the same period last year, driven by growth in both broadcast and digital.
The company reported revenue up 5.3% to $209.7 million for the half year to December, delivering on its "transformation strategy". Net profit after tax was up 5.5% to $3.2 million.
ARN Media in February reported a 9% increase to $365.6 million in group revenue for the year to December. The result was driven by a solid revenue performance at Australian Radio Network at $307.9 million, and a revitalised Hong Kong business launching two new contracts during the year.
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