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GTN Limited (ASX:GTN)

ALERT: Price-sensitive ASX Announcement for GTN
Current share price for GTN : $0.240 0.065 (37.14%)+
Announcement
Release
25 Jun 2026 9:28AM
Price at Release
$0.175
Full Release
download
Summary
GTN Limited reported a challenging financial year ending 30 June 2026 with expectations of Adjusted EBITDA between $8 million and $10 million, significantly down from $16.6 million the previous year, due to difficult trading conditions. The company anticipates a recovery in FY27, forecasting Adjusted EBITDA between $15 million and $20 million, supported by cost-out initiatives implemented in FY26. GTN plans to distribute 100% of NPAT to shareholders in FY27. The company remains committed to disciplined capital management, having returned $45.8 million to shareholders and expects a closing cash balance of $28-32 million. A dividend of approximately $0.05 per share is proposed, representing a 29% yield, subject to bank consent.
Key Points
  • GTN Limited faced challenging trading conditions in FY26.
  • Adjusted EBITDA for FY26 expected between $8 million and $10 million.
  • FY27 forecast for Adjusted EBITDA between $15 million and $20 million.
  • Cost-out initiatives from FY26 to benefit FY27.
  • 100% NPAT distribution planned for FY27.
  • Dividend of approximately $0.05 per share proposed for FY26.
  • Closing cash balance expected between $28 million and $32 million.
  • Capital management involved returning $45.8 million to shareholders.
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.