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Why Did GTN Take a $41.5M Hit Amid Falling Revenue and Aviation Exit?
9:08am on Thursday 26th of February, 2026 AEDT
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Why Did GTN Take a $41.5M Hit Amid Falling Revenue and Aviation Exit?
9:08am on Thursday 26th of February, 2026 AEDT
Key Points
Revenue down 14.7% to $82.5 million
Net loss of $40.9 million due to $41.5 million impairment
Return of capital of $43.9 million funded partly by $35 million debt
Strategic exit from aviation in Australia and Canada
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