Latest Audio And Radio News

Sports Entertainment Group has completed its NZ$130 million acquisition of MediaWorks, creating a trans-Tasman audio group with more than 5 million listeners. The combined business starts with pro forma net leverage of 1.84 times and a management target of approximately 1.2 times within two years.

Structural Monitoring Systems (ASX:SMN) delivered record FY26 revenue, a sharp lift in profit and $6.0 million of free cash flow as its avionics business outpaced contract manufacturing. The balance sheet is now free of bank debt, but the next leg of the story still depends on FAA approvals and converting CVM technology into commercial revenue.