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Nine Entertainment Reports $511M Statutory Profit and Advances AI Licensing
8:24am on Wednesday 26th of August, 2026 AEST
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Nine Entertainment Reports $511M Statutory Profit and Advances AI Licensing
8:24am on Wednesday 26th of August, 2026 AEST
Key Points
Statutory net profit of $511 million including $849 million from discontinued operations
Continuing operations show net loss of $339 million, impacted by $576 million impairment
Group revenue grows 3% to $2.2 billion; EBITDA before specific items up 17% to $379 million
Portfolio reshaped with QMS acquisition and divestments of Domain, Nine Radio, Pedestrian, regional TV
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Nine Entertainment Co. (ASX:NEC)
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