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ARN Media Reports $28.3 Million Loss Amid Strategic Reset and Digital Growth

8:26am on Friday 21st of August, 2026 AEST Media
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ARN Media Reports $28.3 Million Loss Amid Strategic Reset and Digital Growth

8:26am on Friday 21st of August, 2026 AEST
Key Points
  • Statutory net loss of $28.3 million driven by impairment and legal costs
  • Revenue declined 14% to $126.8 million, impacted by subdued advertising and election cycling
  • Digital revenue up modestly; streaming and data products show strong growth
  • Cost savings of $11.8 million delivered, on track for $55 million by FY27
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