Ann: FY2023 Fourth Quarter Earnings Release, page-2

Q4 2023 financial highlights:

• Revenues at $2.43B, down 9% from $2.67B last year.
• Net loss of $(32)M, impacted by higher non-cash writedowns & restructuring charges.
• Digital revenues surpassed 50% of total annual revenues.
• Dow Jones' EBITDA up 25% QoQ, 14% YoY with robust growth in Risk & Compliance.
• Foxtel Group's streaming revenue growth offsets broadcast declines; nearing completion of its external debt refinancing.

Full-Year Highlights:

• Total revenues of $9.88B, down 5% from $10.39B in 2022.
• Net income at $187M, a sharp 75% drop from $760M last year.
• Challenges faced in Book Publishing and Digital Real Estate due to market conditions in the U.S. & Australia.
• Dow Jones saw growth with acquisitions of OPIS & CMA.
• Total Segment EBITDA at $1.42B, down 15% YoY.Diluted EPS at $0.26, a decrease from $1.05 in 2022.
• Adjusted EPS stands at $0.49, compared to $1.20 last year