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Motio Ltd (ASX:MXO)

ALERT: Price-sensitive ASX Announcement for MXO
Current share price for MXO : $0.053 -0.001 (-1.85%)+
Announcement
Release
22 Oct 2025 1:37PM
Price at Release
$0.054
Full Release
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Summary
Motio Ltd (ASX:MXO), a leading digital place-based media company in Australia, announced strong financial performance for the first quarter of fiscal year 2026, with an unaudited EBITDA exceeding $700,000, a 20% increase from the previous year, driven by improved margins and operational cost savings. The company also announced the appointment of Justin Kingston as its new Chief Operating Officer. Kingston, who has a rich background in commercial and operational roles within the Out-of-Home and Place-Based media sectors, is expected to lead the company’s commercial and operations growth. The company emphasized the cyclicality of its business model but remains focused on sustainable long-term growth.
Key Points
  • Motio Ltd reports Q1FY26 EBITDA exceeding $700,000.
  • EBITDA growth driven by higher margins and cost savings.
  • Justin Kingston appointed as new COO.
  • Kingston has extensive experience in Out-of-Home media.
  • Company focused on long-term growth despite cyclicality.
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.