Sports Entertainment Group Limited (ASX:SEG)

ALERT: Price-sensitive ASX Announcement for SEG

Current share price for SEG : $0.280 0.03 (12%)⁺

Announcement

Chairman's and CEO's Address to Shareholders

Release

26 Nov 2025 2:43PM

Price at Release

$0.250

Full Release

Summary

The Sports Entertainment Group Limited (SEG) held its Annual General Meeting on 26 November 2025, where key business highlights were shared by the Chairman and CEO. The Chairman emphasized the strong strategic position of SEG in the media landscape, highlighting its unique sports media assets and significant market opportunities. The company reported substantial financial growth with a 62% increase in underlying EBITDA, reaching $10.5 million, and a net cash positive position of $1.3 million as of June 2025. Key achievements included the acquisition of RSN, integration of racing audio assets into SEN Turf, and the ongoing success of their 'Whole of Sport' strategy, which leverages multiple media platforms and team ownership. Looking forward, the company aims to capitalize on double-digit EBITDA growth, expand margins through operational efficiencies, and continue strategic investments in sports media assets.

Key Points

SEG's strategic sports media assets are difficult to replicate.
Strong financial performance with a 62% growth in underlying EBITDA.
SEG maintains a net cash positive position as of June 2025.
Acquisition of RSN and integration into SEG's operations.
Expansion of the 'Whole of Sport' strategy across media platforms.
Forecasted continued double-digit EBITDA growth for FY26.
Strategic focus on operational efficiencies and media consolidation.
SEG's assets are attracting global investment interest.

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.