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GTN Limited (ASX:GTN)

ALERT: Price-sensitive ASX Announcement for GTN
Current share price for GTN : $0.200 -0.06 (-23.08%)+
Announcement
Release
26 Feb 2026 8:34AM
Price at Release
$0.260
Full Release
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Summary
GTN Limited announced its results for the half year ended 31 December 2025, highlighting a challenging market environment. The company undertook measures to reset its cost base and improve market positioning, including renegotiating affiliate arrangements, exiting aviation operations, and launching new revenue initiatives. GTN returned $43.9 million to shareholders and reported a strong liquidity position with $28.1 million cash on hand. Despite market pressures leading to a revenue and EBITDA decline, GTN's balance sheet remained robust, enabling an interim dividend declaration. A non-cash impairment charge was recognized due to revised forecasts in Australia and the UK.
Key Points
  • GTN Limited announced 1H FY26 results, reporting financial challenges.
  • Implemented cost base reset and market repositioning strategies.
  • Returned $43.9 million to shareholders, maintaining strong liquidity.
  • Revenue of $82.5 million and adjusted EBITDA of $5.8 million, indicating declines.
  • A $41.5 million non-cash impairment charge recognized.
  • Declared an interim dividend of $0.01 per share, unfranked.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.