Strong announcement and nice to see debt down to circa $250m. However the key take-away for me was the following comment:
Digital earnings continue to grow strongly, with Seven digital expected to contribute earnings
before interest, tax, depreciation and amortisation (EBITDA) of more than $60 million in
FY21, up 130% year-on-year. Digital earnings are expected to more than double in FY22.
So Digital in its own right should be over $100m EBITDA in FY22 - this starts to become a growth engine to provide for overall group EBITDA growth when most analysts are currently looking at group EBITDA as stagnant to declining the next couple of years.
Strong announcement and nice to see debt down to circa $250m....
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| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| SWM (ASX) Chart |