Ooh!Media Ltd
ASX:OML
Ooh!Media Ltd
oOh!media Ltd. is an out of home and online media company. The company is headquartered in North Sydney, New South Wales and currently employs 711 full-time employees. The company went IPO on 2014-12-17. The firm offers advertisers the platform to create engagement between people and brands through its portfolios in Australia and New Zealand. The Company’s portfolio includes classic and digital roadside screens; classic and digital signs located in retail precincts, such as shopping centers; classic and digital signs in airport terminals, lounges and in-flight; classic and digital signs in environments, such as cafes, pubs, universities and office buildings, and online sites for millennials, students, small businesses and city-based audiences. The company also owns printing operations. The firm has a network of approximately 37,000 digital and static asset locations.
oOh!media Ltd. is an out of home and online media company. The company is headquartered in North Sydney, New South Wales and currently employs 711 full-time employees. The company went IPO on 2014-12-17. The firm offers advertisers the platform to create engagement between people and brands through its portfolios in Australia and New Zealand. The Company’s portfolio includes classic and digital roadside screens; classic and digital signs located in retail precincts, such as shopping centers; classic and digital signs in airport terminals, lounges and in-flight; classic and digital signs in environments, such as cafes, pubs, universities and office buildings, and online sites for millennials, students, small businesses and city-based audiences. The company also owns printing operations. The firm has a network of approximately 37,000 digital and static asset locations.
Record Results: oOh!media delivered record underlying first-half results, with revenue up 17% to $336.2 million and adjusted underlying EBITDA rising 27% to $62.2 million.
Earnings Growth: Adjusted underlying NPAT increased 46% to $26.5 million, and the interim dividend was raised by 29% to $0.0225 per share.
Contract Wins: New contracts, especially in Sydney Metro and Transurban, contributed to broad-based revenue growth and strengthened the network footprint.
Stable Outlook: The company expects improved gross margin in the second half, full-year margin around 44%, and second-half Out of Home revenue growth in the mid- to high single digits.
Cost Initiatives: Cost-out programs are delivering, and a $6–7 million New Zealand cost base reset is underway following the loss of the Auckland Transport contract.
CapEx & Balance Sheet: Full-year capital expenditure is now expected between $53 million and $63 million, with a strengthened balance sheet and lower interest expense from renegotiated debt.
